Fonar Corp (FONR)

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FONAR Sells Stand-Up MRI to Kentucky Medical Center

MELVILLE, N.Y.--(BUSINESS WIRE)--07/27/2004--FONAR Corporation (NASDAQ-FONR), The MRI Specialist(TM), announced today that the Company has sold a Stand-Up(TM) MRI to Pikeville Medical Center, a 261 bed hospital, in Pikeville, Kentucky. (For pictures go to http://www.fonar.com/news/072704.htm.)

Walter E. May, President, Board of Directors, of Pikeville Medical Center, said, "We purchased the FONAR Stand-Up(TM) MRI because we at Pikeville Medical Center pride ourselves on having the latest and best technology. Our radiology department has two 1.5 Tesla MRIs less than a year old, two brand new 16-slice CT scanners, and two 64-slice CTs on order.

"We felt our radiology department would not be complete without a FONAR Stand-Up(TM) MRI," continued Mr. May. "One major reason for our decision is that the Stand-Up(TM) MRI is able to accommodate claustrophobic patients better that any MRI in the industry can. The claustrophobic rejection rate for the Stand-Up(TM) MRI is nearly zero because patients typically sit comfortably enjoying a program being played in a large-format TV screen. There is nothing in front of their faces or over their heads to create anxiety or a 'closed-in' feeling. Patients are relaxed and the MRI images are superb."

"Furthermore," continued Mr. May, "you don't have to be a doctor to recognize that the ability to scan patients in weight-bearing positions is extremely useful. Because of the Stand-Up(TM) MRI, orthopedists can, for the first time, evaluate a patient's problem with the patient assuming the very position that is causing the pain, whether it's sitting, standing, lying down, or bending over."

"The Stand-Up(TM) MRI is also ideal for kids. Today nearly every young child undergoing an MRI exam is fully anesthetized so that he doesn't move during the scan. This requires extra medical staff; it's costly; and there are always risks associated with anesthesia. But we saw the Stand-Up(TM) MRI case where a very active, two-year-old MRI patient sat motionless on his mother's lap watching his favorite TV show. The diagnosis was easily made, and it was all done without any anesthetics. It's a very exciting advantage that we are proud to make available to our community," said Mr. May. (For more details go to http://www.fonar.com/news/061404.htm).

The Stand-Up(TM) MRI is the world's only whole-body MRI scanner with the ability to perform Position Imaging (pMRI), i.e. patients can be scanned standing, sitting, bending or lying down. Because of its unique ability to scan patients in weight-bearing postures, the Stand-Up(TM) MRI identifies pathologies that may go undetected on other MRI scanners.

Raymond Damadian, president and founder of FONAR said, "We are delighted to sell our Stand-Up(TM) MRI to such a fine medical center and we look forward to working with them for years to come."

MRI Specialist, Stand-Up, Upright, Position, pMRI and The Proof is in the Picture are trademarks of FONAR.

Be sure to visit www.fonar.com for Company product and investor information:

CONTACT:
FONAR Corporation, Melville Daniel Culver or David B. Terry, 631-694-2929 Fax: [phone] www.fonar.com

SOURCE: FONAR Corporation

07/27/2004 07:30 EASTERN