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Wednesday, August 08, 2007 8:49:29 AM
MELVILLE, N.Y., Aug 08, 2007 (BUSINESS WIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning(TM) reported today that repeat sales from current FONAR UPRIGHT(TM) Multi-Position(TM) MRI users prove the unique diagnostic advantages of the FONAR UPRIGHT(TM) Multi-Position(TM) MRI.
The latest repeat sale was to London Upright MRI Centre, which has now purchased its third FONAR UPRIGHT(TM) Multi-Position(TM) MRI. The purchase was part of the group of seven sales FONAR announced on July 10th, however, details of the sale were not elaborated upon. This 3rd unit will be installed in the United Kingdom and brings to ten the number of FONAR UPRIGHT(TM) MRI's that have been sold in Europe.
London Upright MRI Centre was founded by Dr. Edward Shelton. Dr. Shelton said, "We are so delighted by our success with our first unit that now we have ordered two more. We look forward to the time when they will be operational in the UK and we can bring the benefits of this unique technology to more people."
Dr. Shelton continued, "Professor Francis W. Smith, M.D., Professor of Radiology, University of Aberdeen, Scotland, recently said in the discussion, of his chapter in a medical text book(1), 'The ability to image the spine in different postures adds significantly to the diagnostic accuracy of the MRI examination. For more than 50% of the patients examined in our study, a better understanding of the condition of the spine was obtained, resulting in improved management.(2)' We applaud Dr. Smith for his extensive work with the UPRIGHT(TM) MRI and can confirm his findings. Every day patients at our centre, Upright MRI of London, receive MRI scans that are more accurate than those done on recumbent-only scanners."
(1) Textbook: Spondylolysis, Spondylolisthesis and Degenerative
Spondylolisthesis by Robert Gunzburg & Marek Szpalski; Lippincott
Williams & Wilkins, 2006, Chapter 8: Dynamic MRI Using the Upright or
Positional MRI Scanner by F.W. Smith et al.
(2) http://www.fmri.ch/download/spondylolysis_spondylolisthesis_2005.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(TM) Multi-Position(TM) MRI.
2007
National Inventor of the Year Award for the UPRIGHT(TM) Multi-Position
(TM) MRI.
* For documents visit www.fonar.com
More about the FONAR UPRIGHT(TM) Multi-Position(TM) MRI.
The FONAR UPRIGHT(TM) Multi-Position(TM) 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(TM) 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(TM) changes surgical protocols and provides better surgical outcomes in approximately 20% of the cases.
The FONAR UPRIGHT(TM) Multi-Position(TM) 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(TM) MRI.
To date, 152 UPRIGHT(TM) 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(TM). 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.
The Inventor of MR Scanning(TM), Full Range of Motion(TM), STAND-UP(TM), UPRIGHT(TM), pMRI(TM), Multi-Position(TM), True Flow(TM), and The Proof is in the Picture(TM) are trademarks of FONAR Corporation.
Be sure to visit FONAR's Website for product and investor information: http://www.fonar.com
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 filings with the Securities and Exchange Commission.
SOURCE: FONAR Corporation
CONTACT: FONAR Corporation
Daniel Culver, 631-694-2929
Fax: 631-390-1709
http://www.fonar.com
invest2007@fonar.com
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