Exhibit 99.
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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:invest2008@fonar.com Fax: (631) 390-1709
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LARGEST ORTHOPAEDIC PRACTICE IN CENTRAL NORTH CAROLINA PURCHASES
FONAR UPRIGHT(R) MULTI-POSITION(TM) MRI
Durham, North Carolina, November 18, 2008 - FONAR Corporation (NASDAQ-FONR), the
Inventor of MR Scanning, announced the sale of its UPRIGHT(R) Multi-Position(TM)
MRI to Triangle Orthopaedic Associates, P.A. (TOA), headquartered in Durham,
North Carolina.
TOA, the largest orthopaedic practice in central North Carolina, strives to
provide cutting-edge care in a convenient, patient-centered environment. In its
commitment to a regional orthopaedic Center of Excellence, TOA has built a
skilled team of physicians on the forefront of their specialty, an integrated
network of 13 clinics and therapy centers, a uniquely specialized surgical
hospital and an active clinical research program. Continually updating and
advancing services and technologies for better patient care is critical to the
success of this vision.
Writing to the North Carolina Department of Health and Human Services
Certificate of Need Section, TOA's president, Thomas A. Dimmig, M.D. stated,
"The most recent and exciting development is the unique UPRIGHT(R) MRI scanner.
UPRIGHT(R) MRI technology enables physicians to image patients in various
weight-bearing positions in order to view tissue and analyze the spine, joints,
or bones under the strain of normal use. This exclusive technology is not
available on conventional MRI scanners. As a physician, I have a long-term
vision of an orthopaedic center of excellence that will allow our patients the
convenience of receiving all of their care at one location in a seamless
patient-oriented environment. To achieve this goal, Triangle Orthopaedic
Associates desires to have a fixed multi-position MRI scanner located in our
Spine Center in Durham."
The new FONAR UPRIGHT(R) Multi-Position(TM) MRI is intended for use in all
patients requiring imaging of any musculoskeletal condition, from shoulder to
hip, hand to foot or neck to back. Its ability to image patients in a standing
or sitting position is unique in that it offers a weight-bearing, true-to-life
view of the body, that is also frequently more comfortable for the patient.
Furthermore, the FONAR MRI is an "open" design, making it possible to image
patients who are obese or claustrophobic.
TOA is an active clinical research center with 15 ongoing FDA trials, 10
involving new technologies for relieving back and neck pain and preserving
spinal function. Of particular interest to the spine surgeons at TOA is the
potential for the UPRIGHT(R) Multi-Position(TM) MRI to detect spinal
abnormalities that are not visible on conventional recumbent-only MRI scanners.
In this way, the FONAR MRI may play an important role in the clinical research
arena. Additionally, following implantation of MRI compatible orthopaedic
devices, the field strength of the FONAR UPRIGHT(R) MRI may allow better
visualization of the surrounding anatomy than many current MRI scanners, which
is of particular importance to spine surgeons.
About Triangle Orthopaedic Associates
Triangle Orthopaedic Associates, P.A. is the Triangle's largest physician-
directed orthopaedic medical practice, caring for patients with musculoskeletal
and pain problems through state-of-the-art medical treatment, surgery, physical
medicine & rehabilitation, physical therapy, occupational (hand) therapy, a
chronic pain program, and other medical and diagnostic services responsive to
the needs of patients living within the counties they serve. Their staff of 25
physicians is located at 13 offices. There are approximately 200,000 office
visits each year. The FONAR UPRIGHT(R) Multi-Position(TM) MRI will be placed in
the South Durham Office. Their Web site is www.triangleortho.com.
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The Inventor of MR Scanning(TM), Full Range of Motion(TM), True Flow(TM), The
Proof is in the Picture(TM), Dynamic(TM), pMRI(TM), Multi-Position(TM)
Spondylography(TM) and Spondylometry(TM) are trademarks, and UPRIGHT(R) and
STAND-UP(R) are registered trademarks of FONAR Corporation.
Be sure to visit FONAR's Website for product and investor information:
www.fonar.com # 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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