MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 8, 2004--FONAR Corporation (NASDAQ: FONR), The MRI Specialist(TM), announced today that it has retained The Anne McBride Company, Inc. to provide strategic investor relations and public relations counsel.
Raymond Damadian, president and founder of FONAR said, "We have reached the time to proactively and accurately share FONAR's story with the US capital market. We have chosen The Anne McBride Company to communicate our market opportunities, growth drivers, and business strategy to a larger and more diverse group of investment professionals and media. It was critical for us to choose a firm that could provide senior level counsel of the highest caliber, with expertise in reaching all of our key audiences."
"We are excited to work with FONAR," stated Anne McBride, Chairman and CEO of The Anne McBride Company. "We are looking forward to working with the management team to develop a focused communications program to target their investors, customers and the public in general and build its brand in the competitive and continually growing medical device industry. Having worked closely with many successful small-cap companies, we are confident that we will increase liquidity and expand their shareholder base, especially to the institutional market." |