FONAR Expands International Reach With Sale of Upright® MRI in Australia

MELVILLE, NEW YORK, April 30, 2008 - FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning, announced today expansion of its international reach with a sale of its unique UPRIGHT® Multi-Position™ MRI to a group medical practice in Australia.

Australia represents a large new market. Today, approximately 100 MRI scanners serve the 20 million people in The Commonwealth of Australia.

Raymond Damadian, president and founder of FONAR said, “We believe the sale in Australia is just one more indication of the enormous future of FONAR’s UPRIGHT® patented technology. Many patients have come to the United States from Australia just to be scanned on the UPRIGHT® MRI. Physicians and patients realize that they need the unique advantages of this advanced weight-bearing multi-position technology. A scan performed while the patient is lying down simply doesn’t allow physicians to see the patient’s spine and other extremities in the positions the patient experiences pain.

source: FONAR

No comments: