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FONAR Sells Upright MRI Scanner to New Jersey Customer
New Jersey, Nov. 3: FONAR Corporation (NASDAQ: FONR), The MRI Specialist(TM), announced today that it has sold its sixth Upright(TM) MRI in New Jersey. FONAR has sold its Upright(TM) MRI in 23 states and in four (4) international markets.
Raymond Damadian, M.D., president and founder of FONAR Corporation, "For strategic marketing and competitive reasons, the buyer has asked FONAR not to disclose either its name or the planned location of its new Upright MRI. This is not an unusual request and we will, of course, honor it. I can say, however, that the buyer has experience in managing MRI imaging centers and that this is its first Upright MRI purchase."
"The important thing for FONAR and its stockholders," continued Dr. Damadian, "is that Upright MRI is catching on. With more and more patients benefiting from the unique diagnostic information that only the Upright MRI can provide, and subsequently benefiting from better surgical results and treatment plans, patient demand for our product will continue to grow. In turn, of course, patient demand drives sales."
Dr. Damadian explained why the Upright MRI is able to provide diagnostic information that no other MRI can: "The Upright MRI is the only MRI that can scan patients in their normal everyday postures - sitting or standing. If a patient experiences lower back pain when he's standing, doesn't it make sense to be looking at that lumbar spine when he's standing? We're seeing case after case where the Upright MRI is finding pathology that conventional lie-down MRIs missed. The spine was designed to carry a full weight load. We think that its common sense that when a patient is complaining of back pain when he is vertical that you wouldn't want to lie him down and take pictures of his spine when that weight load has been removed."
Concerning the future of MRI, Dr. Damadian said, "I think it incorrect that anyone would seriously predict that the future of MRI will be confined to imaging patients lying still, and flat on their backs. The future of MRI must include the ability to scan any region of the body in any position, including weight-bearing positions, in which patients experience pain or other symptoms. MRI must be able to do dynamic imaging, including flexion and extension of the cervical and lumbar spines. These are of vital importance, and the Upright MRI is doing them right now! As one of our surgeon friends says, "If you can't see it, you can't fix it." The Upright MRI lets you see the problem where and when it can be seen! No other MRI can make that claim."
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