FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning, announced today that the Center for Diagnostic Imaging (CDI) (Minneapolis, MN) has purchased a third FONAR UPRIGHT® Multi-Position™ MRI. It is scheduled to be installed in CDI's OpenScan MRI center in Duluth, Minnesota, replacing the current low-field open-sided MRI scanner in that center.
"This is the first and only FONAR UPRIGHT® Multi-Position™ MRI scanner in Northern Minnesota," said Rick Long, Regional Vice President, Minnesota. "With our high-field, recumbent MRI scanner already in the market, the replacement of our existing lower field strength open-sided MRI scanner with an Open Upright MRI was critical to providing residents access to diagnostic services that could impact their quality of care. Now patients and their doctors get the dual benefit of the open comfort and higher quality images to guide diagnosis in one scanner."
There are many other reasons to select the UPRIGHT® MRI. The scanner is comfortable, accommodates patients up to 500 lbs. and those who suffer from claustrophobia. There are also patients who can't lie down for any procedure and must be scanned upright. The uniqueness of the FONAR UPRIGHT® MRI to scan the patient weight-bearing in multiple positions, for example, is often essential for fully understanding a patient's spine problem so that a correct diagnosis can be achieved and optimal treatment selected for each patient. Dynamic imaging views by this technology can be obtained by scanning the spine in the various positions of flexion, extension or lateral bending.
Raymond Damadian, president and founder of FONAR said, "I am very pleased to have a customer with the fine reputation of CDI purchasing additional UPRIGHT® Multi-Position™ MRI scanners as a result of their hands-on expertise from prior purchases of FONAR UPRIGHT® Multi-Position™ MRI installations. About half of the UPRIGHT® MRI scanners sold are to multiple UPRIGHT® MRI users. So, like CDI, customers keep returning for additional scanners. This says volumes about FONAR's products."
Headquartered in Minneapolis, Center for Diagnostic Imaging (CDI) has been a leader in high-quality, cost-effective, outpatient radiology imaging services since 1981, and currently owns and operates 53 diagnostic imaging centers in nine states. CDI partners with hospitals and health systems to offer physician-led, outpatient radiology services and the expertise of subspecialized radiologists focused on neurological, spine, musculoskeletal, body and cardiovascular imaging, in addition to advanced diagnostic injections and pain management procedures. CDI is owned by Onex Partners, a subsidiary of Onex Corporation in Toronto, Canada, as well as CDI physicians and management. Onex is one of Canada's largest companies with global operations in health care, service, manufacturing and technology. For more information, visit CDI's Web site at www.CDIradiology.com
For investor and other information visit: www.fonar.com
UPRIGHT® MRI and STAND-UP® MRI are registered trademarks and The Inventor of MR Scanning™, Full Range of Motion™, Multi-Position™, True Flow™, The Proof is in the Picture™, Spondylography™ Spondylometry™ Upright Radiology™, Landscape™, pMRI™, Dynamic™, CSP™ and Correlated Slice Profiles™ are trademarks of FONAR Corporation.
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's filings with the Securities and Exchange Commission.