LEADING RADIOLOGIST BUYS 11TH
AND 12TH FONAR UPRIGHT MRI
AND AGREES TO PURCHASE FOUR MORE
MELVILLE,
NEW YORK, July 24, 2007 - FONAR Corporation (NASDAQ-FONR), The
Inventor of MR Scanning, 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
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 Multi-Position
MRI and the specific need it meets in their particular clinical
practice. For more information on TrueMRI, visit: 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 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 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 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 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 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 Multi-Position MRI
(also known as the STAND- UP 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 Multi-Position 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, 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.
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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.
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