FONAR Expands Sales to the Middle East and Announces the Establishment
of its First Distributorship in the UAE
MELVILLE,
NEW YORK, April 2, 2007 - FONAR Corporation (NASDAQ-FONR),
The Inventor of MR Scanning™,
has selected a long established distributor who is experienced in the manner
and method of selling in the Middle East. The headquarters
of the distributor will serve as a base for sales and service.
 |
| The Emirates Palace
Hotel in Abu Dhabi, United Arab Emirates |
 |
| The view from the FONAR exhibit in the
ballroom where the Conference was held |
 |
| Issam Khoury, M.D.,
and Dr. Professor Raymond Damadian at the FONAR Exhibit |
 |
| Dr. Professor Raymond
Damadian speaks to The 3rd Abu Dhabi Annual International
Surgical
Conference |
Raymond
Damadian, founder and president of FONAR, was asked to be the ‘Honorary
Guest Speaker’ at
The 3rd Abu Dhabi Annual International Surgical Conference in the United Arab
Emirates (UAE) from March 1– 4, 2007. Dr. Damadian was honored for his
contribution to medicine and surgery for the discovery and invention of the
MRI. FONAR and Dr. Damadian were invited to the conference to
introduce the world’s
first and only UPRIGHT™ Multi-Position™ MRI. The event was held
at the Emirates Palace Hotel in Abu Dhabi, UAE.
Representatives
from more than 20 countries and 5 continents attended the conference. The exhibit
featured a full-sized model of the FONAR UPRIGHT™ MRI scanner. Dr. Damadian
was quoted by the local media, “When I developed the MRI machine my principal
interest was to use it in (the) early detection of cancer.”
The Co-Chair of the
international event, Issam Khoury, M.D., Chief of Neurosurgery, Chairman of Surgery,
Mafraq Hospital, said, “We are delighted to have Professor Damadian attend
our annual conference. As surgeons, we use the MRI every day. We are thankful
to Professor Damadian for his discovery of the signal that enables the MR to
make the highly detailed pictures of normal and diseased tissues and for the
invention of the world’s first MR scanner.”
“In addition,” said
Dr. Khoury, “This technology is quickly becoming the MRI of choice. Patients
walk-in, are scanned in the weight-bearing position, and walk-out. Therefore,
we endorse it for its importance in diagnostic radiology. I am hopeful that our
hospital will quickly purchase this scanner.”
Among the visitors
were doctors from the Lebanon Children’s Hospital. The UPRIGHT™ MRI
is child-friendly, and allows the child to sit quietly and watch cartoons on
a 42-inch
television
while being scanned. A child may also sit on the mother’s lap during the
scan to comfort the child and diminish his movement during the scan. The goal
is for the UPRIGHT™ MRI to reduce as much as possible the number of children,
under age 7, who require anesthesia to achieve an MRI scan. In a conventional
MRI scanner close to 100% of children under the age of 7 receive anesthesia
to suppress motion.
Dr. Damadian said, “I
am thankful to Dr. Khoury and the other members of the organizing committee for
their hospitality and being selected as the Honorary Guest at The 3rd Abu Dhabi
Annual International Surgical Conference.”
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, FONAR has installed hundreds
of MRI scanners worldwide. Their stellar product line includes
the FONAR UPRIGHT™ Multi-Position™ MRI (also known
as the STAND-UP™ MRI), the only whole-body MRI that performs
Full Range of Motion™ Multi-Position™ imaging (mpMRI™)
that enables patients to be scanned in numerous weight-bearing
positions, i.e. standing, sitting, in flexion, extension and,
in particular, in the position that generates symptoms so that
a picture can be directly be obtained of the actual pathology
giving rise to the patient’s symptoms (e.g. pain). The
scanner also performs all the scans of a conventional MRI with
the patients in his usual lie-down position. The FONAR UPRIGHT™ Multi-Position™ MRI
often sees the patient's problem that other scanners cannot because
they are lie-down only. With nearly one half million patients
scanned, the patient-friendly FONAR UPRIGHT™ Multi-Position™ MRI
has a near zero claustrophobic rejection rate by patients. A
radiologist said, "FONAR UPRIGHT™ MRI – No More
Claustrophobia - The Tunnel Is Gone." As another 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. FONAR's latest MRI scanner is the FONAR 360™,
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 400 employees.
#
The Inventor of MR Scanning™,
Full Range of Motion™, STAND-UP™, UPRIGHT™,
Multi-Position™, pMRI™, True Flow™, Walk-In™ and
The Proof is in the Picture™ are trademarks of FONAR Corporation.
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's
filings with the Securities and Exchange Commission.
###
FONAR™ Corporation
110 Marcus Drive
Melville, N.Y. 11747
Tel. 631-694-2929
Fax. 631-390-9540
Email sales@FONAR.com
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