Fonar Press Releases

For Immediate Release

The Inventor of MR Scanning™

 

An ISO 9001 Company

Contact: Daniel Culver

110 Marcus Drive

Director of Communications

Melville, NY 11747-4292

Web site: www.fonar.com

Phone: (631) 694-2929

Email: invest2007 @ fonar. com

Fax: (631) 390-1709


FONAR Sales Momentum Continues; Opens Up New Market With Sale To Broad-Based Physician Practice

          MELVILLE, NEW YORK, August 14, 2007 - FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that, during the week following its July 10th announcement “FONAR Upright™ MRI Sales Take Off – 7 Sales in 2 Weeks,” an 8th sale has just been completed. The sale was inspired after the physician read a two-page advertisement for the Upright™ MRI in the Journal of the American Medical Association (JAMA). It is the first sale to a broad-based medical practice and the fastest sale in FONAR history, taking only two days from the physician’s call to FONAR to closure of the sale. The record-breaking advertisement can be seen at www.fonar.com/news/pdf/Jama_New_Era_2pg.pdf

About FONAR
FONAR has the most accomplished history of any company in MRI. The company's heritage helps to document the quality of its products and distinguishes it from all other MRI companies. A timeline of its achievements follows. It includes the groundbreaking discovery of the principle that makes MRI imaging possible, the patent for the first MRI, and the sale of the world's first MRI.

1969 - Original Idea for MR Scanner (Grant Application to Health Research Council of the City of New York)*

1969 - Realizes Need for a Compelling Application to Justify Building Human Scanner. Decides on Cancer Detection

1970 - Key Discovery Makes the MRI Possible

Discovery of the marked T1 and T2 signal differences among the normal tissues and also between the normal tissue and cancer tissue. Discovery enables soft-tissue detail previously absent from medical imaging, and early cancer detection; used today to detect cancers worldwide. "NMR developed into a laboratory spectroscopic technique capable of examining the molecular structure of compounds, until Damadian's ground-breaking discovery in 1971." MRI From Picture to Proton, Cambridge University Press, 2003)

March 1971 - First Article Published (Science)

Spring 1971 - First Ever Method Proposed (Downstate Reporter)

March 1972 - First MR Patent Filed (3D Serial Voxel Scanning Method). Patent Issued 1974.

1976 - The Struggle Begins. Expert Declares, "Any further discussion of scanning the human body by MR (NMR) is visionary nonsense."

1976 - Construction of First Human MR Scanner Commences

1977 - Construction Completed; First Human Scan Achieved: Thoracic Image at T-8

1980 - FONAR Installs First Commercial MRI; Initiates MRI Industry

1997 - Patent Upheld by High Court on U. S. Patents and the U. S. Supreme Court. (1.1 Million Pages of Documentary Evidence Scrutinized and Argued; No Prior Art)

2001 - Introduction of the FONAR UPRIGHT™ Multi-Position™ MRI

2007 - National Inventor of the Year Award for the UPRIGHT™ Multi-Position™MRI.

* For documents visit www.fonar.com/fonar_timeline.htm

More about the FONAR UPRIGHT™ Multi-Position™ MRI.

The FONAR UPRIGHT™ Multi-Position™ MRI is a dramatic advance over all other MRI's, which can only scan the patient in a recumbent-only, non-weight-bearing position. The UPRIGHT™ allows the patient to be imaged upright, with the weight of the body on the spine.

Most patients are scanned sitting, while they enjoy watching TV. Patients can also be scanned in flexion, extension, rotation, as well as lying down. This positional imaging allows surgeons and radiologists to see patients in the position of their symptoms. Studies and physician experience show that diagnosis using the FONAR UPRIGHT™ changes surgical protocols and provides better surgical outcomes in approximately 20% of the cases.

The FONAR UPRIGHT™ Multi-Position™ MRI is also unrivaled in patient comfort. It has a near zero claustrophobic rejection rate by patients. It can scan obese patients who cannot fit into a recumbent MRI, and it allows imaging of children while they sit in their mother's lap.

Over a half million patients have been scanned by the FONAR UPRIGHT™ MRI.

To date, 152 UPRIGHT™ MRIs have been sold. The superiority of the technology is achieving wider recognition every day.

Another New FONAR MRI: The FONAR 360™

FONAR has invented another breakthrough MRI, the FONAR 360™. It's a room-size recumbent scanner that optimizes openness while facilitating physician access to the patient during surgery.

FONAR is headquartered on Long Island, New York, and has approximately 400 employees.

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The Inventor of MR Scanning™, Full Range of Motion™, STAND-UP™, UPRIGHT™, Multi-Position™, pMRI™, True Flow™, Walk-In™ and The Proof is in the Picture™ are trademarks of FONAR Corporation.

This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.
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FONAR™ Corporation
110 Marcus Drive
Melville, N.Y. 11747
Tel. 631-694-2929
Fax. 631-390-9540
Email sales@FONAR.com
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