PHYSICIANS STAND-UP MRI Purchases
its Third FONAR Upright MRI
and Plans To Buy Four More Per Year Over The Next Several Years
MELVILLE,
NEW YORK, November 18, 2005 - FONAR Corporation (NASDAQ-FONR),
The Inventor of MR Scanning, announced today the 16th sale in
Texas of FONAR's Upright™ MRI. With their FONAR Upright™
MRI scanner in operation for 9 months and the opening of their
second in January,
2006 in San Antonio, PHYSICIANS STAND-UP MRI has now ordered their
third FONAR Upright MRI. PHYSICIANS STAND-UP MRI is the 22nd FONAR
customer to make repeat purchases of the Upright™ MRI. Approximately
one in three Upright™ MRI customers have made multiple purchases.
Mr.
Clint Sands, President/CEO of Physicians Stand-Up MRI, said, "We
are excited to be among the first to incorporate Upright™
Position™ MRI technology in our business plan. Going forward,
we expect to purchase another four FONAR Upright™ MRI scanners
per year for the foreseeable future. We are very excited about
the technology and the benefits it brings to patients suffering
from back pain."
"If
the MRI can't see it, the physician can't fix it, is what we tell
our referring physicians," said Mr. Sands.
"If a patient's problem is back pain that manifests itself
ONLY when the spine is weight-loaded, sitting, standing, or in
the flexion or extension position, then it is common sense that
you need to image the spine fully weight loaded in the same position
that elicits the pain. Failure to do so, in our experience, can
miss the pathology altogether. Our physicians don't want to miss
pathology. They don’t want to make the wrong diagnoses."
"The
Upright™ MRI, because it images the patient's spine under
a full weight load, both in the flexion and extension positions,
which the regular MRI's cannot, enables us to often see pathology
that conventional MRI"s miss."
"But
there are more reasons for our investment in a third Upright™
MRI and why we intend to buy more of them. Patients love the friendliness
of the Upright. They literally enter, sit down and relax. All
the apprehension typical of patients preparing themselves for
a conventional MRI instantly evaporates as he relaxes into the
comfort of the scanner's cushioned seat and watches TV. Working
with the FONAR staff has also been a pleasure. Their site planning,
installation, customer service and application departments are
very professional and unfailingly attentive to our needs. FONAR
and its Upright™ MRI scanner are good for our patients as
well as for our business."
The
first Physicians Stand-Up MRI is located at 797 Lonesome Dove
Trail at Precinct Line Road in Hurst, Texas. It serves both Dallas
and Ft. Worth and is centrally located in the Mid-Cities area.
The telephone number is 817/577-7500. The Web sites is www.psumri.com.
The second scanner will open in San Antonio, Texas in January,
2006.
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
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