Fonar Corp (FONR)

[ProfitScout]

Sony Teams up with FONAR to Deliver ``Upright'' MRI Solutions; Sony FilmStation System's Vertical Install Capability a Perfect Complement to the FONAR Upright(TM) MRI System

MELVILLE, N.Y.--(BUSINESS WIRE)----FONAR Corporation (NASDAQ:FONR), The MRI specialist(TM), announced today the signing of an agreement with Sony Electronics to resell the Sony FilmStation(TM) 14 x 17-inch dry film imager as a first ever, exclusive film imager offering to its customers. The deal expands FONAR's product portfolio, enabling the Company to provide an output solution which is particularly well suited for its Upright(TM) MRI.

"Sony is excited to add FONAR to its roster of OEMs," said Steven Blum, vice president of medical systems at Sony Electronics. "We are pleased that FONAR has selected the FilmStation to be its dry film imager offering. FONAR's reputation as a leading manufacturer of MRI scanners enhances the reputation of the Sony FilmStation system as the dry imager of choice among medical professionals."

For 25 years, FONAR has been on the leading edge of innovation in the MRI industry. In 1980, FONAR revolutionized diagnostic imaging through the introduction of the world's first commercial MRI scanner. The Upright(TM) MRI is billed as 'the world's first truly "open" MRI', allowing patients to walk in, sit or stand during scans, and providing patients comfort due to an unobstructed view. For added flexibility, it is the only whole-body MRI that performs Position(TM) imaging where patients can be scanned in various positions of flexion, extension, rotation and lateral bending as well as the conventional lie-down position. The Upright(TM) MRI's vertical disposition makes it seamlessly compatible with the Sony FilmStation imager.

The Sony FilmStation 14 x 17-inch dry film imager is the only imager of its kind that can be installed either in the upright vertical position or horizontally. It outputs film in less than one minute, and when connected with another FilmStation imager it prints up to 130 films per hour. The FilmStation system features high-resolution 320-dpi thermal head technology and automatic calibration for high-image quality. The Sony FilmStation imager's vertical install capability is a perfect complement to the FONAR Upright(TM) MRI system.

"We are very pleased to team up with Sony, a pronounced leader in the medical imaging market. In reviewing the various imager solutions on the market, we ultimately selected the FilmStation due to its outstanding reputation for quality, reliability, versatility and value. Leveraging the FilmStation imager with FONAR's stellar MRI systems will lend both ourselves and Sony the advantage of staying ahead of the technological curve in the ever-changing medical landscape," said Raymond V. Damadian, president and founder of FONAR.

The announcement by Sony Electronics may be found on their Web site at: http://news.sel.sony.com/pressrelease/6252.

About Sony Electronics Inc.

Sony Electronics Inc. is a leading provider of innovative medical products through Sony Medical Systems. Sony medical products are designed for use in a wide range of applications as stand-alone hardware or for incorporation into integrated medical systems. Medical imaging offerings include dry film imagers, printers and medical grade monitors for a full range of modalities. For more information call 1-800-535-SONY or visit www.sony.com/medical.

About FONAR

FONAR was incorporated in 1978, making it the first, oldest and most experienced MRI manufacturer in the industry. FONAR introduced the world's first commercial MRI in 1980, and went public in 1981. Since its inception, the Company has installed over 300 MRI scanners worldwide. FONAR's stellar product line includes the Upright(TM) MRI (also known as the Stand-Up(TM) MRI), the only whole-body MRI that performs Position(TM) imaging (pMRI(TM)) and scans patients in numerous weight-bearing positions, i.e. standing, sitting, in flexion and extension, as well as the conventional lie-down position. The FONAR Upright(TM) MRI often sees the patient's problem that other scanners cannot because they are lie-down only. With over 100,000 patients scanned, the patient-friendly Upright(TM) MRI has a near zero claustrophobic rejection rate by patients. As a FONAR customer states, "If the patient is claustrophobic in this scanner, they'll be claustrophobic in my parking lot." Approximately 85% of patients are scanned sitting while they watch a 42" flat screen TV. The Company's latest MRI scanner is the FONAR 360(TM), a room-size recumbent scanner that optimizes openness while facilitating physician access to the patient. FONAR is headquartered on Long Island, New York, and has approximately 500 employees. Additional information may be found on the FONAR Web site at www.fonar.com.

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

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.

FONAR Daniel Culver, 631-694-2929 www.fonar.com OR Investor Relations: Darrow Associates, Inc. Jordan M. Darrow, 631-367-1866 [e-mail]

11/02/2005 07:00 ET