Fonar Press Releases

For Immediate Release

The MRI Specialist™

An ISO 9001 Company

Contact: David B.Terry, V.P., Secretary

110 Marcus Drive

Daniel Culver, Director of Communications

Melville, NY 11747-4292

 

Phone: (631) 694-2929

Visit our Web site - www.fonar.com

Fax: (631) 390-9540


FONAR'S 24TH STAND-UP MRI INSTALLED IN DALLAS-FORT WORTH

          MELVILLE, NEW YORK, December 9, 2003 - FONAR Corporation (NASDAQ-FONR), The MRI Specialist™, announced today that the first Stand-Up™ MRI center in the Dallas-Fort Worth (DFW) Metroplex opened for business on December 1, 2003. This is the second of twenty (20) Stand-Up™ MRI centers that MRI of America is planning to open in the Southwest region of the United States. Doing business as Stand-Up MRI of America, the center is located at 14320 Midway Road, Suite 100, in Dallas, Texas [972-361-0674].
          Mr. Robert Conger, CEO of all the MRI of America entities, said, "We are pleased to be first in the Dallas-Fort Worth area to offer Position™ MRI, which allows patients to be scanned in their positions of pain or other symptoms. Before the Stand-Up™ MRI was introduced, patients had no choice but to have their scans done lying down. From the experience at our first Stand-Up™ MRI center, we have confirmed that certain kinds of pathology can be underestimated, mischaracterized, or can go entirely undetected when the patient is scanned only in a lie-down position. For many patients, the Stand-Up™ MRI is the only diagnostic equipment that will give their doctors the complete picture of what they need to know."
          John Stetenfeld, Chief Administrative Officer of MRI of America, added, "We are rapidly expanding our presence in the Stand-Up™ MRI market. We are already in three states, and are planning to purchase an additional 17 Stand-Up™ MRI machines from FONAR, making us FONAR's largest Stand-Up™ MRI customer. Four more centers are going into the DFW area as part of our commitment to install a total of twenty Stand-Up™ MRI centers throughout the Southwest."
          "In addition to its diagnostic superiority," said Eric Stetenfeld, Chief Operating Officer of MRI of America, "the Stand-Up™ MRI is also by far the most patient-friendly MRI scanner on the market, and has peaked a strong interest from a wide spectrum of practitioners within the DFW medical community. Although the name of the scanner, Stand-Up™ MRI, clearly suggests that patients are scanned standing up, approximately 85% are scanned sitting down. The seated position allows us to scan claustrophobic patients, large athletes, the elderly and small children - patients who would otherwise have difficulty with the confined spaces of traditional MRI scanners. In the past, many of these patients had to be sedated or anesthetized, or were simply unable to tolerate the MRI exam under any conditions. The Stand-Up™ MRI has eliminated these problems. It is very gratifying to be able to bring this revolutionary technology to the people of the Dallas-Fort Worth area and to help improve their standard of health care."
          Mr. Conger concluded, "Our management is very pleased with the performance of the Stand-Up™ MRI product, as well as the quality of the FONAR installation teams through these first few installations. We are looking forward to working with FONAR for many years to come."
          Raymond Damadian, president and founder of FONAR said, "We are pleased with MRI of America's aggressive development plans and look forward to helping them meet their goals."

#
MRI Specialist, Stand-Up, Upright, Position Imaging and PMRI 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. 631-753-5150
Email sales@FONAR.com
Investor Information
Copyright© FONAR™ All rights reserved.

top of page

Site Map | Terms of Use-Our Privacy Policy Use
Copyright © 2003 FONAR- All Rights Reserved