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NASDAQ Continues to Review FONAR’s Compliance With Listing Requirements.
MELVILLE, NEW YORK, October 7, 2009 - FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, today announced that the NASDAQ Listing and Hearing Review Council (the “Listing Council”) is continuing to review whether FONAR, which filed its Form 10-K for the fiscal year ended June 30, 2009 on October 5, 2009, is now in compliance with NASDAQ’s continued listing requirements. A decision is expected shortly. The Company intends to make an announcement upon receipt of NASDAQ’s final determination. UPRIGHT® and STAND-UP® are registered trademarks and The Inventor of MR Scanning™, pMRI™, Full Range of Motion™, Multi-Position™, The Proof is in the Picture™, Dynamic™, True Flow™, Spondylography™, Spondylometry™ and Upright Radiology™ 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
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