To: Bucky Katt who wrote (5230 ) 6/28/2001 3:33:22 AM From: BlueCheap Respond to of 48461 FONAR Sells Another Stand-Up MRI MELVILLE, N.Y.--(BW HealthWire)--June 28, 2001--FONAR Corporation (NASDAQ-FONR), The Patient-Friendly(TM) MRI Company, announced today the sale of Indomitable(TM), the Stand-Up MRI(TM), to an independent customer on the east coast. When asked about the importance of this latest sale, Raymond V. Damadian, M.D., president and chairman of FONAR, said, ``The increasing frequency of Stand-Up MRI(TM) sales is gratifying.'' This announcement comes on the heels of FONAR's announcement yesterday of a sale of Indomitable(TM) in New York State. The Stand-Up MRI(TM) scans the patient standing or sitting, as well as in all the conventional horizontal positions. All conventional MRIs scan patients in the horizontal position. The ability to scan patients in an upright posture allows the patient to be scanned in his position of pain where the prospect of identifying the pathology causing the patient's symptoms is maximized. ``For the first time,'' said Dr. Damadian, ``we can place the patient in the weight-bearing position that causes him pain and snap a picture. If the symptom manifests itself only under weight-bearing conditions, that's the position in which the MRI should be done, not when the patient is lying down where the symptom may not be present. ``Indomitable(TM), a high-field Open MRI scanner, is extraordinarily patient friendly. Patients find sitting or standing for their scans to be very pleasant. There is nothing in front of their faces or over their heads that might induce claustrophobic reactions, and they can watch television throughout the scan. Moreover, Indomitable(TM) excels on another count. Operating at a magnetic field strength field of 0.6 Tesla, its magnetic field is twice the strength of most installed Open MRIs. Thus Indomitable(TM) provides superior image fidelity at higher scanning speeds than most existing Open's.'' The Company's other products include the Echo(TM), a compact MRI designed to sell at a low price; the QUAD(TM)12000, a four-post, 0.6 Tesla Open MRI; the Pinnacle(TM), a 0.6 Tesla Open MRI with superconducting magnet technology; and the FONAR 360(TM), available in its ``open sky'' configuration for diagnostic purposes and, in the future, in its ``interventional 360'' configuration for MRI-guided interventions. The Company's works-in-progress scanner, the mpExtremity(TM), is an in-office MRI unit that scans only extremities (arms, knees, wrists, etc.) in multiple, weight-bearing positions. 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, Director of Communications David Terry, VP, Secretary Tel: 631/694-2929 Fax: 631/390-9540 investor@FONAR.com