FONAR Sells Stand-Up MRI To 14th Multi-Unit Purchaser, 1st In Alabama
Business Wire ~ June 23, 2004 ~ 7:00 am EST
MELVILLE, N.Y.--(BUSINESS WIRE)--June 23, 2004--FONAR Corporation (NASDAQ: FONR), The MRI Specialist(TM), announced today that it has sold a Stand-Up(TM) MRI to a partnership formed by Dynamic Imaging of Birmingham, Alabama, and Medica Stand-Up MRI of Atlanta. It is the second Stand-Up(TM) MRI purchase for Medica Stand-Up MRI of Atlanta; the first one purchased was installed at 6590 Powers Ferry Road in Atlanta, Georgia (770-953-0108) earlier this year.
Kay Baker, Vice President of Operations for Medica Stand-Up MRI of Atlanta, said, "Our decision to purchase a second Stand-Up(TM) MRI was based on the success we have experienced with the first center. We are scanning patients in positions which reproduce their symptoms, revealing formerly unseen pathology. Also, the scanner has been unprecedented in being able to accommodate large or extremely claustrophobic patients."
Regarding the new Birmingham, Alabama, center, Ms. Baker states, "We are very excited about our partnership, and look forward to providing a unique technology for patient care in Alabama."
The Stand-Up(TM) MRI is the world's first and only MRI scanner that performs weight-bearing, Position(TM) Imaging (pMRI(TM)), where the patient can be scanned sitting, standing, bending, in flexion and extension, or in the conventional recumbent position. With Position(TM) Imaging, patients can be scanned in their positions of pain or other symptoms. This allows for the detection of pathology that could go undiagnosed on conventional MRI scanners.
MRI Specialist, Stand-Up, Upright, Position, pMRI and The Proof is in the Picture are trademarks of FONAR Corporation.
Be sure to visit FONAR's Web site for Company product and investor information: www.fonar.com.
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.
CONTACT: FONAR Corporation, Melville
Daniel Culver/David B. Terry
631-694-2929
Fax: 631-390-9540
www.fonar.com
KEYWORD: NEW YORK GEORGIA ALABAMA
INDUSTRY KEYWORD: PHARMACEUTICAL MEDICAL MEDICAL DEVICES PRODUCT
SOURCE: Fonar Corporation |
