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Wednesday, June 11, 2003 12:02:26 PM
MELVILLE, N.Y.--(BUSINESS WIRE)--June 11, 2003--FONAR Corporation (NASDAQ-FONR), The MRI Specialist(tm), announced today the sale of its 43rd FONAR Stand-Up(tm) MRI scanner to a multi-specialty neuroscience group in the Mid-South. It is FONAR's first sale of a Stand-Up(tm) MRI to neurosurgeons. The Stand-Up(tm) MRI is an Upright(tm) imaging system by FONAR.
A spokesman for the group explained why they decided to purchase the Stand-Up(tm) MRI: "We are impressed with the advanced technology of the FONAR Stand-Up(tm) MRI. The Stand-Up(tm) MRI is an ideal tool for the spine neurosurgeon. Its ability to view anatomy with patients in weight-bearing positions allows us to detect certain pathologies that could be inaccurately accessed or altogether hidden when patients are lying down. The more accurate and complete the MRI exam, the better the surgical plan and, therefore, the better the surgical result."
Raymond Damadian, president and founder of FONAR, said, "I am pleased to hear these comments from one of our distinguished neurosurgeons. The FONAR Stand-Up(tm) MRI's unique ability to perform Position Imaging(tm) (pMRI(tm)) makes it an indispensable tool for back surgeons. It is the only MRI scanner that allows the surgeon to see the complete picture of what he will face at surgery, which he presently cannot, even at surgery. Without seeing the full extent of the problem, he is at a disadvantage. The Stand-Up(tm) MRI takes away the guesswork. That is what surgeons want."
Dr. Damadian continued. "This sale is a 'first' for FONAR in another way as well. It's the first Stand-Up(tm) MRI sale initiated by a physician visit to our Web site (www.FONAR.com). When it comes to the Stand-Up(tm) MRI, I firmly believe that 'seeing is believing'. When physicians see on the Web site that an MRI can now be done with their patients in weight-bearing postures, either sitting or standing; when they see case studies on the Web site showing pathologies that were detected on the Stand-Up(tm) MRI that went undetected on a recumbent MRI; and when they see on the Web site a patient watching TV while being scanned, they become very interested. The physician's first visit to the FONAR Web site was just a couple of weeks ago. Today he is a customer."
MRI Specialist, Stand-Up, Upright, Position Imaging and PMRI are trademarks of FONAR Corporation.
Be sure to visit FONAR's Web site for Company product and investor information: http://www.fonar.com
CONTACT:
FONAR Corporation
Daniel Culver/David Terry, 631/694-2929
FONARinvestor@fonar.com
SOURCE: FONAR Corporation
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