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FONAR Unveils Most Advanced MRI Scanner in the Industry.

MELVILLE, N.Y.--(BUSINESS WIRE)--March 10, 1997--FONAR Corporation (NASDAQ:FONR), holder of the world's first MRI patent and an array of other MRI patents is pleased to announce the first installation of a QUAD (tm) 12000, the world's first high-field, open MRI scanner at South Shore MRI in Amityville, New York.

In the past there has been a trade-off in the MRI industry. Either one could have a patient-friendly, roomy, open scanner with a less powerful magnet and therefore lower quality images, or one could have a claustrophobic, archaic, tunnel-type scanner with a strong magnet and better quality images. FONAR has solved this technological puzzle with the introduction of the QUAD 12000 high-field, open scanner. The best of both MRI worlds is now a technological reality.

At .6 Tesla, the field strength of the QUAD 12000 is at least twice that of any other open system on the market today. In fact, some of the big names in the industry have yet to bring any type of open scanner to the market, and some of the open scanners that have been recently introduced are as little as one-third the field strength of FONAR's new scanner.

According to company officials, now that the first QUAD 12000 is fully installed, sales of this revolutionary scanner are expected to be brisk. In fact, the company is reporting that U.S. buyers are more interested in the QUAD 12000 than in any of their other products. FONAR's new distributor network, which brings about 200 salespeople to FONAR, is excited to have the only high-field, open MRI scanner on the market. Buyers are excited that this major MRI technological advance is now a reality.

Attractively priced, FONAR has the least expensive and its innovative design, manufacturing costs are lower and maintenance costs for open scanners are many thousands of dollars less than tunnel-type scanners. The QUAD 12000, with its superior image quality and unusually open environment, will also help support other important MRI advances, such as MRI-guided surgery. -0-

This release may contain 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. -0-

CONTACT: Lisa Salinas, The Catalyst Group

TELEPHONE: (813) 441-8809

FAX: (813) 443-7127
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 11, 1997
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