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Re: ProfitScout post# 514

Tuesday, 08/14/2007 8:51:45 AM

Tuesday, August 14, 2007 8:51:45 AM

Post# of 689
FONAR Sales Momentum Continues; Opens Up New Market With Sale To Broad-Based Physician Practice

MELVILLE, N.Y., Aug 14, 2007 (BUSINESS WIRE) -- FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning(TM), reported today that, during the week following its July 10th announcement "FONAR Upright(TM) 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(TM) 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.

Be sure to visit FONAR's Website for product and investor information: 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


Copyright Business Wire 2007

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