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

To: FRANK ROSSI who wrote (19092)	2/17/2004 12:02:57 PM
From: FRANK ROSSI	Read Replies (1) \| Respond to of 19354

FONAR Stand-Up MRI Installations #31 and #32 Become First in Manhattan and Queens, New York MELVILLE, N.Y.--(BUSINESS WIRE)--02/17/2004--FONAR Corporation (NASDAQ:FONR), The MRI Specialist(TM), announced today the completed installations of two Stand-Up(TM) MRIs at independent imaging centers in Manhattan and Queens. Stand-Up MRI of Manhattan, P.C., is located at 253 East 77th Street, New York, NY 10021, ((212) 772-2300) and Stand-Up MRI Of Queens, P.C., is at 167-20 Union Turnpike, Flushing, NY 11366, ((718) 969-6222). The company has now announced 32 completed installations. Mr. Richard DeMaio, a Vice President for the scanning centers said, "Queens and Manhattan are among the world's largest and most progressive medical communities, where patients and physicians demand the latest and greatest technology. We are very proud to be introducing the Stand-Up(TM) MRI to Manhattan and Queens, allowing these communities to benefit from the unique advantages of this scanner and, basically, to Discover Upright(TM) Imaging." "The Stand-Up(TM) MRI has many more features than other MRI scanners," added Mr. DeMaio. "It's certainly the most Open MRI. Patients love the machine, especially patients who have been scanned on other MRIs. All of our patients appreciate the relaxing atmosphere and the large screen TV they watch throughout their scans. Approximately 85% of the time patients are scanned in the sitting position, which I believe is the most comfortable position." "The scanner's ability to do Position(TM) Imaging (pMRI(TM))," continued Mr. DeMaio, "allows the Stand-Up(TM) MRI to detect patients' problems that would go undiagnosed on conventional MRI scanners. This, of course, is of supreme importance to referring physicians. Referring physicians are also very happy with the image quality of our Stand-Up(TM) MRIs." "FONAR did an excellent job in installing our scanners. Once our sites were finally ready to accept delivery of our Stand-Up(TM) MRIs, FONAR installed them quickly and efficiently. I might add that the futuristic and sleek canopy design of these scanners makes them very attractive," said Mr. DeMaio. Raymond Damadian, president and founder of FONAR said, "We are delighted to see two more FONAR Stand-Up(TM) MRI scanners in operation in America's largest city. The more Stand-Up(TM) MRIs installed the faster we're seeing patients and physicians Discover Upright(TM) Imaging, ultimately leading to more and more sales for the company." FONAR's 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. It is the only truly Open MRI where the patient typically sits comfortably and watches a 42" flat screen TV. The truly Open design helps nearly 100% of patients to finish their exam. Only on the Stand-Up(TM) MRI can patients and physicians Discover Upright(TM) Imaging where The Proof is in the Picture(TM). 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: fonar.com CONTACT: FONAR Corporation Daniel Culver/David Terry, 631-694-2929 Fax: 631-390-9540 www.fonar.com SOURCE: FONAR Corporation 02/17/2004 07:00 EASTERN