Fonar Corp (FONR)

[ProfitScout]

Biotech News: Morning Alert for Fonar Corp.

Dec 01, 2006 (M2 PRESSWIRE via COMTEX) -- Morning Alert for Fonar Corp. ( FONR )

FONAR is the very image of magnetic resonance imaging. A pioneer in the MRI field, FONAR makes and manages scanning equipment. FONAR's Health Management Corporation of America (HMCA) subsidiary, which sold its physical therapy and rehabilitation business, provides management services to 12 diagnostic imaging centers, primarily in Florida and New York. FONAR also makes its own products, including the Fonar 360, which gives physicians 360 degree access to patients, and the Stand-up/Upright, which can be used on patients while they are standing. FONAR sells its products to hospitals and private clinics.

Shares were up 10% after Well Respected, Board Certified Surgeon Purchases FONAR Upright Multi-Position MRI .

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FONAR Corporation The Inventor of MR Scanning(TM), announced that Jack Shapiro, M.D., a Board certified surgeon from New York, who has performed over 10,000 surgeries during his career, has purchased the FONAR Upright(TM) Multi-Position(TM) MRI.

Dr. Shapiro said, "Having previously been an owner of MRI scanners, I am well informed on the MRI industry. After evaluating the various MRI scanners, there was a clear and indisputable significance of the FONAR Dynamic(TM) Upright(TM) Multi-Position(TM) MRI over that of a static recumbent single-position MRI. These unique advantages provide surgeons with the full range of physiologic and dynamic evaluation of the spine to assure patients the optimal surgical outcome. The concept of a weight-bearing physiologic scan adds a new dimension to imaging, as well as, diagnoses and treatment." "I visited the FONAR exhibit at this year's annual meeting of the Radiological Society of North America (RSNA)," continued Dr. Shapiro. "On display was the FONAR 360 MRI. Some day it will revolutionize surgery. The use of the FONAR 360 in its intervention mode will provide a solution to Base of Skull Surgeons, providing them with an instant angiogram without having to change operating theatres. It can provide multiple solutions for the neck and spine surgeons utilizing the new dynamic real-time scanning capabilities."

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(C)1994-2006 M2 COMMUNICATIONS LTD ********************************************************************** As of Monday, 11-27-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 08-22-2005 for FONR @ $1.09. For more information on Comtex SmarTrend® Alert, contact your market data provider or go to www.CSTADirect.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2006 Comtex News Network, Inc. All rights reserved.