PERFORMANCE OF FIVE FONAR UPRIGHT MRIs DRIVE
REPEAT SALES TO CALIFORNIA CUSTOMER
Ambulatory Services Corporation of California Intends to Place
a Sixth MRI for Expansion into Las Vegas, Nevada and Anticipates
Purchasing Multiple Units During The Next Year
MELVILLE,
NEW YORK, September 12, 2005 - FONAR Corporation (NASDAQ-FONR),
The MRI Specialist™, announced today that the successful
performance of five Upright™ MRIs have led to substantial
growth for Ambulatory Services Corporation of California ("ASC").
FONAR's Upright™ MRIs are presently installed in ASC facilities
located in five cities in four states: San Bernardino and La
Quinta, California, Renton, Washington, Boise, Idaho and Denver,
Colorado. Based on the popularity of the FONAR Upright™
MRI for patient comfort and superior pathology, ASC now plans
to place a sixth machine in Las Vegas, Nevada. The Las Vegas
facility is expected to open in 2006. ASC also has plans to
expand in new and existing markets and purchase multiple Upright™
MRIs over the next year.
Peter
Solodko, CEO of ASC, said, "We are successful at our Upright™
MRI centers because of the value added component of having a
scan or scans from an Upright™ MRI as compared to a recumbent-only
MRI scanner. This is due to the simple reality that many patients
only experience pain and present pathology in certain positions,
be it standing, bending, flexing, extending or sitting. Upright™
MRIs are the only equipment on the market capable of scanning
a patient in those and other positions and presenting a complete
picture of the patient's pathology which allows an administering
physician to treat patients with greater success and improve
patient outcomes."
Mr.
Solodko continued, "While the MRI market in California
is competitive, it is the many advantages of FONAR's Upright™
MRI that have enabled ASC facilities to substantially increase
their practitioner referral base, the number of MRIs performed,
patient satisfaction and revenue growth. We are excited about
all future opportunities and our expansion into the Las Vegas
marketplace. We look forward to continued growth of ASC with
the FONAR Upright™ MRI serving as our driving force and
purchasing more FONAR Upright™ MRI scanners in the next
year."
ASC
Web sites include: www.desertstandupmri.com
, www.boiseuprightmri.com
and www.hallmarkcenter.com
.
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, we have installed nearly 300 MRI scanners
worldwide. FONAR's stellar product line includes the Upright™
MRI (also known as the Stand-Up™ MRI), the only whole-body
MRI that performs Position™ imaging (pMRI™) 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™ 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™ 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. Our 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 500 employees.
#
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'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
Investor Information
Site Map
| Terms of Use-Our
Privacy Policy Use
Copyright © 2005 FONAR- All Rights Reserved |