Exhibit 99.1

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                                FONAR CORPORATION

Fonar MRI news @ aol . com                               Inventor of MR Scanning
For    Immediate   Release                               An   ISO  9001  Company

Contact:    Daniel  Culver                               110    Marcus     Drive
Director of Communications                               Melville,   N.Y.  11747
Web site:    www.fonar.com                               Tel:    (631)  694-2929
Email:invest2007@fonar.com                               Fax:    (631)  390-1709
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                          FONAR RECEIVES NASDAQ NOTICE

     MELVILLE, New York, October 15, 2008 - FONAR Corporation (NASDAQ-FONR), the
Inventor  of MR  Scanning(TM),  today  announced  that on October  9, 2008,  the
Company received an additional  notice of  non-compliance  from The NASDAQ Stock
Market  LLC  based  upon  the   Company's   non-compliance   with  the   minimum
stockholders'  equity  requirement of $2.5 million for continued  listing on The
NASDAQ Capital Market,  as set forth in NASDAQ  Marketplace Rule 4310(c)(3) (the
"Stockholders' Equity  Requirement"),  at June 30, 2008, which could serve as an
additional  basis for  delisting  of the  Company's  securities  from The NASDAQ
Capital Market.

     As previously announced,  on July 8, 2008, the Company received a notice of
non-compliance  from  NASDAQ due to the  Company's  failure to satisfy  NASDAQ's
proxy  solicitation  and annual meeting  requirements.  In response to the first
notice of  non-compliance,  the Company  requested and  subsequently  attended a
hearing before a NASDAQ Listing Qualifications Panel (the "Panel"), at which the
Company  presented  its  plan to  regain  compliance  with  those  requirements.
Pursuant to the plan  presented  to the Panel,  on October 8, 2008,  the Company
filed a definitive proxy statement for the annual shareholders meeting, which is
scheduled  to be held on November  17,  2008.  The Panel has not yet  rendered a
determination as a result of the hearing.

     As provided by NASDAQ's  most recent  notice,  the Company  plans to make a
written  submission to the Panel  presenting its plan to regain  compliance with
the  Stockholders'  Equity  Requirement.  While the Company is hopeful  that the
Panel will grant its request for  continued  listing on NASDAQ,  there can be no
assurance that the Panel will do so.

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     Be sure to visit FONAR's Website for product and investor information:
                                  www.fonar.com

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This release may include 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 filings with
the Securities and Exchange Commission.

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