If so, FONR represents an incredible opportunity at this time.
The inventor of the MRI has the patent for the world's only Stand Up
MRI, which is selling fast, and picking up speed.
I do not believe that this stock will be bargain priced for long...
http://biz.yahoo.com/bw/030724/235934_1.html
FONAR Sells 53rd Stand-Up MRI and First in New Jersey
Thursday July 24, 1:01 am ET
MELVILLE, N.Y.--(BUSINESS WIRE)--July 24, 2003--FONAR Corporation
(NASDAQ-FONR), The MRI Specialist(tm), announced today the sale of its
53rd FONAR Stand-Up(tm) MRI scanner to Tilton Dynamic Imaging in
Northfield, New Jersey. It is the Company's first Stand-Up(tm) MRI
sale in the state of New Jersey.
Mr. Norman Brettler, M.H.A., administrator for Tilton Dynamic Imaging,
explained why Tilton chose the Stand-Up(tm) MRI: "Northfield is a very
competitive market for MRI providers, so the task of selecting an MRI
had to be done very carefully. Frankly, my first instinct was to go
with a large multi-product medical device company. But, in order to be
thorough, we felt we should consider FONAR's Stand-Up(tm) MRI that we
had heard so much about. We were very impressed with the unique and
revolutionary diagnostic capabilities of the Stand-Up(tm) MRI,
particularly for orthopedic applications."
Mr. Brettler continued: "I have been involved with busy MRI imaging
businesses for many years. The vast majority of all MRI scans are
orthopedic related. Because of this, I believe that the weight-bearing
capabilities of the FONAR's Position Imaging(tm) (pMRI(tm)) scanner
place it in a position to capture a majority of the MRI scan market.
Referring physicians will now be able to obtain information that is
simply unobtainable from other scanners."
Mr. Brettler explained, "The Stand-Up(tm) MRI allows for the
visualization of anatomy under normal weight-bearing positions, and it
allows physicians to evaluate patients' problems with the patients in
the positions that cause them pain or other symptoms. No other MRI or
any other type of diagnostic scanner can do that. The Stand-Up(tm) MRI
is also the most patient-friendly MRI in the world. Patients can watch
TV while they are being scanned. Considering the demographics of
southern New Jersey, the medical needs of the community, the unique
diagnostic capabilities of the Stand-Up, and the enormous appeal of a
truly Open MRI, the Stand-Up(tm) MRI was clearly the best choice for
our practice."
The Stand-Up(tm) MRI will be installed in a 3,000 sq. ft. marble and
glass building located at 1226 Tilton Road in Northfield, New Jersey,
which is in the greater Atlantic City area.
The Stand-Up(tm) MRI, FONAR's Upright(tm) imaging system, is the
world's only whole-body MRI scanner with the ability to perform
Position Imaging (tm) (pMRI(tm)), i.e. patients can be scanned
standing, sitting, bending or lying down. With its unique ability to
scan patients in weight-bearing postures, the FONAR Stand-Up(tm) MRI
has identified pathology that had gone undetected on conventional,
lie-down MRI scanners.
Because of its unique geometric design, the FONAR Stand-Up(tm) MRI is
remarkably spacious and non-claustrophobic. There is nothing in front
of the patients' faces or over their heads to create a "closed-in"
feeling. Patients typically sit comfortably watching a 42" TV
throughout the scanning procedure.
MRI Specialist, Stand-Up, Upright, Position Imaging and PMRI are
trademarks of FONAR Corporation.
Be sure to visit FONAR's Web site for Company product and investor
information: www.FONAR.com
The inventor of the MRI has the patent for the world's only Stand Up
MRI, which is selling fast, and picking up speed.
I do not believe that this stock will be bargain priced for long...
http://biz.yahoo.com/bw/030724/235934_1.html
FONAR Sells 53rd Stand-Up MRI and First in New Jersey
Thursday July 24, 1:01 am ET
MELVILLE, N.Y.--(BUSINESS WIRE)--July 24, 2003--FONAR Corporation
(NASDAQ-FONR), The MRI Specialist(tm), announced today the sale of its
53rd FONAR Stand-Up(tm) MRI scanner to Tilton Dynamic Imaging in
Northfield, New Jersey. It is the Company's first Stand-Up(tm) MRI
sale in the state of New Jersey.
Mr. Norman Brettler, M.H.A., administrator for Tilton Dynamic Imaging,
explained why Tilton chose the Stand-Up(tm) MRI: "Northfield is a very
competitive market for MRI providers, so the task of selecting an MRI
had to be done very carefully. Frankly, my first instinct was to go
with a large multi-product medical device company. But, in order to be
thorough, we felt we should consider FONAR's Stand-Up(tm) MRI that we
had heard so much about. We were very impressed with the unique and
revolutionary diagnostic capabilities of the Stand-Up(tm) MRI,
particularly for orthopedic applications."
Mr. Brettler continued: "I have been involved with busy MRI imaging
businesses for many years. The vast majority of all MRI scans are
orthopedic related. Because of this, I believe that the weight-bearing
capabilities of the FONAR's Position Imaging(tm) (pMRI(tm)) scanner
place it in a position to capture a majority of the MRI scan market.
Referring physicians will now be able to obtain information that is
simply unobtainable from other scanners."
Mr. Brettler explained, "The Stand-Up(tm) MRI allows for the
visualization of anatomy under normal weight-bearing positions, and it
allows physicians to evaluate patients' problems with the patients in
the positions that cause them pain or other symptoms. No other MRI or
any other type of diagnostic scanner can do that. The Stand-Up(tm) MRI
is also the most patient-friendly MRI in the world. Patients can watch
TV while they are being scanned. Considering the demographics of
southern New Jersey, the medical needs of the community, the unique
diagnostic capabilities of the Stand-Up, and the enormous appeal of a
truly Open MRI, the Stand-Up(tm) MRI was clearly the best choice for
our practice."
The Stand-Up(tm) MRI will be installed in a 3,000 sq. ft. marble and
glass building located at 1226 Tilton Road in Northfield, New Jersey,
which is in the greater Atlantic City area.
The Stand-Up(tm) MRI, FONAR's Upright(tm) imaging system, is the
world's only whole-body MRI scanner with the ability to perform
Position Imaging (tm) (pMRI(tm)), i.e. patients can be scanned
standing, sitting, bending or lying down. With its unique ability to
scan patients in weight-bearing postures, the FONAR Stand-Up(tm) MRI
has identified pathology that had gone undetected on conventional,
lie-down MRI scanners.
Because of its unique geometric design, the FONAR Stand-Up(tm) MRI is
remarkably spacious and non-claustrophobic. There is nothing in front
of the patients' faces or over their heads to create a "closed-in"
feeling. Patients typically sit comfortably watching a 42" TV
throughout the scanning procedure.
MRI Specialist, Stand-Up, Upright, Position Imaging and PMRI are
trademarks of FONAR Corporation.
Be sure to visit FONAR's Web site for Company product and investor
information: www.FONAR.com
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