Fonar Press Releases

For Immediate Release

The MRI Specialist™

An ISO 9001 Company

Contact: David B.Terry, V.P., Secretary

110 Marcus Drive

Daniel Culver, Director of Communications

Melville, NY 11747-4292

 

Phone: (631) 694-2929

Visit our Web site - www.fonar.com

Fax: (631) 390-9540


FONAR TO INTRODUCE WORLD'S FIRST STAND-UP MRI:
A MAJOR ADVANCE FOR SPORTS MEDICINE,
TRAUMA CENTERS AND CARDIOVASCULAR DIAGNOSIS

          MELVILLE, NEW YORK, November 23, 1999 -- FONAR Corporation (NASDAQ-FONR), The Open MRI Company™, announced plans to introduce The Stand-Up MRI™, which will provide for the first time MRI images of the patient in the weight-bearing state. This technology is a superior diagnostic tool for spines and joints and is the first of its kind in the MRI industry. "It will be especially valuable for a host of different applications in sports medicine," said Dr. Raymond Damadian, president and founder of FONAR.
          The unique design of The Stand-Up MRI™ enables full range-of-motion movements of any joint in virtually any direction, especially important in the diagnosis of sports injuries, but an impossibility in any other MRI scanner on the market. Cardiovascular MRI evaluations can also be performed when the patient is standing or when the patient's feet are elevated above his or her head in the Trendelenburg posture.
          Images from The Stand-Up MRI™ will be shown for the first time on this works-in-progress scanner, at the Radiological Society of North America (RSNA). The RSNA meeting is the world's largest medical trade show and starts on November 28 in Chicago.
          "Some 50 percent of MRI scans are conducted on the spine," said Dr. Damadian. "This is a truly a remarkable diagnostic tool and the need for this one-of-a-kind product is great."
          "The Stand-Up MRI™ will be ideal for trauma centers where cardiovascular evaluations are key and where immediate and easy-access MRI screening can improve a patient's chances for survival," said Dr. Damadian.
          In 1980, FONAR introduced the world's first commercial MRI whole-body scanner. The widespread application of Magnetic Resonance Imaging (MRI) in medicine and biology today is the direct result of the landmark discoveries and early pioneering work of Dr. Damadian. His seminal discoveries of the variations in soft body tissue relaxation times, as well as the cancer detecting NMR signal, are the means used by all MRI scanners to detect cancer and distinguish healthy versus diseased tissues. A 1997 U.S. Supreme Court ruling affirmed that Dr. Damadian's patented discoveries are fundamental to every MRI unit in the marketplace today.

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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. 631-753-5150
Email sales@FONAR.com
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