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Microcap & Penny Stocks : Fonar - Where is it going? -- Ignore unavailable to you. Want to Upgrade?

To: Craig S. Owens who wrote (15102)	8/26/1999 12:58:00 PM
From: matt dillabough	Respond to of 19354

quotes.freerealtime.com

To: Craig S. Owens who wrote (15102)	8/26/1999 12:58:00 PM
From: Fangorn	Respond to of 19354

Craig, Here it is. biz.yahoo.com Thursday August 26, 11:54 am Eastern Time Company Press Release FONAR Launches Sales Offensive MELVILLE, N.Y.--(BW HealthWire)--Aug. 26, 1999--FONAR Corporation (NASDAQ-FONR), The Open MRI Company(TM), appoints Vice President of Sales. In announcing today the appointment of Sol Ginzburg as its new Vice President of Sales, FONAR signaled the medical world that its full-scale sales offensive has begun. ``Sol Ginzburg knows how to sell FONAR scanners,' said Dr. Raymond Damadian, president and chairman of FONAR. ``Moreover, Sol knows how to field marshal a successful sales operation. He's done it before for a string of highly successful companies. He knows first hand how to get the job done.' Following two and a half years of intense R&D activity to develop and consolidate the features on its new QUAD(TM) scanners and after a period when FONAR had kept its sales activities and sales expenditures in check in anticipation of the new product capabilities, FONAR announced today it is ready to spend on sales and marketing and turn its attentions from predominately R&D to predominantly sales. ``We're ready,' said Dr. Damadian. ``Our products are in position to square off with the competition and capture sales. Our future products are also far enough along to meet the second, third, and fourth waves of product demand.' ``Now is the time to expand the sales team to a full-fledged FORCE. We're advertising for capital equipment salesmen, securing distributors worldwide that have proven they can sell our product, preparing print-media advertising, expanding the WEB to a full-scale INTERACTIVE sales desk for reaching customers, and commencing a broad-based program for 'demo-ing' the product and its capabilities everywhere in the world a prospective FONAR buyer lives and breathes.' 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 Daniel Culver, Director of Communications and David Terry, VP, Secretary Phone: (516) 694-2929 Fax: (516) 390-9540 E-mail: investor@fonar.com Web Site: www.fonar.com