It is well established that the Fonar Upright is the tool of choice in diagnosing problems in the spine while in a weight bearing mode. But this is not the onbly use to which MRI systems contribute to our health. As pointed out in the article you quote- 20% is the figure quoted.That leaves 80% to be address by systems other than the Fonarl. I also wonder about the feature of a surgeon making a referal for a scan to a facility in which he owns a financial interest. There seems to be growing concern about "over scanning" in such set ups. The Fonar SU is a fine system but it is not a replacement for all other MRI's devices by far.
Leading Radiologist Buys 11th and 12th FONAR UPRIGHT(TM) MRI And Agrees to Purchase Four More
MELVILLE, N.Y., Jul 24, 2007 (BUSINESS WIRE) -- FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning(TM) reported today that Sana Khan, M.D., Ph.D., a leading radiologist and Chairman of TrueMRI, headquartered in Anaheim, California, has purchased two more FONAR UPRIGHT(TM) MRIs and has agreed to purchase four more. The two purchases were part of the group of seven sales in the announcement of July 10 that did not elaborate on the buyers themselves and the reasons they gave for purchasing FONAR's UPRIGHT(TM) Multi-Position(TM) MRI and the specific need it meets in their particular clinical practice. For more information on TrueMRI, visit: http://www.truemri.com
Dr. Khan said, "We founded TrueMRI with the mission to leverage emerging medical technologies that break the boundaries of traditional diagnostic imaging, and to capture pathology with precision. That is why we selected the FONAR UPRIGHT(TM) MRI as the centerpiece for our business. It enables TrueMRI to deliver True Positives and True Negatives of a patient's True Condition."
"Our first UPRIGHT(TM) MRI was installed in Southern California in June 2002," continued Dr. Khan. "At that time, it was our premise that position and weight-bearing impact a patient and consequently the radiology reading. Now we have seen thousands of cases where the differences are undeniable."
Dr. Khan continued, "We have performed over 50,000 Positional MRIs and I believe we have more experience than anyone else in the application and interpretation of weight-bearing kinetic MRI. The freedom of the design and application of the technology allows patients to be scanned, not only in a weight-bearing position, but also in lateral flexion, rotational and flexion/extension studies. Often pathology is revealed that would otherwise be undiagnosed. The only MRI machine in the world that does all that is the FONAR UPRIGHT(TM) MRI."
"TrueMRI has created innovative applications and software that allows us to provide our referring physicians with anatomical measurements needed for clinical decisions in their practice. TrueMRI can also perform AMA Impairment Rating measurements on images obtained with the FONAR UPRIGHT(TM) MRI . This is a great benefit in medico-legal cases where the doctors need to perform very tedious and time consuming measurements on flexion and extension images. Previously, this could only be done with x-rays, but that did not reveal the soft tissue anatomical relationship to the bony structures, and it also involved radiation. This is one of numerous innovations that the UPRIGHT(TM) MRI has allowed us to do," stated Dr. Khan.
"Our passion is to provide evidence-based, objective analysis of an injury by quantifying the patient's pathology through our proprietary software revealing the 'true state' of a patient's anatomy," said Dr. Khan.
"Another important reason why we continue to purchase FONAR MRIs is the support and service that we receive from FONAR. The machine is an absolute work-horse and the applications, services and the daily interactions that take place with FONAR have allowed us to grow our business without any major interruptions," exclaimed Dr. Khan.
About FONAR
The 2007 National Inventor of the Year Award was presented to president and founder Raymond Damadian, M.D., by the Intellectual Property Owners Education Foundation (www.ipoef.org) for the INVENTION of the FONAR UPRIGHT(TM) Multi-Position(TM) MRI (also known as the STAND-UP(TM) MRI). It's the world's only whole-body MRI that scans patients in numerous weight-bearing positions, i.e., standing, sitting, flexion, extension, and lateral bending, as well as the conventional lie-down position. An abundance of peer-reviewed literature reporting the essentiality of Upright Imaging for accurately diagnosing the human body can be found at: www.uprightmripublications.com and www.fonar.com/research_index.htm
With one half million patients scanned, the patient-friendly FONAR UPRIGHT(TM) Multi-Position(TM) MRI has a near zero claustrophobic rejection rate by patients. Approximately 85% of patients are scanned sitting while they watch a 42" flat screen TV. Another MRI, the FONAR 360(TM), is a room-size recumbent scanner that optimizes openness while facilitating physician access to the patient.
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.
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(TM)
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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