SOURCE: FONAR Corporation
November 18, 2008 08:00 ET
Largest Orthopaedic Practice in Central North Carolina Purchases FONAR UPRIGHT® Multi-Position™ MRI
DURHAM, NC--(Marketwire - November 18, 2008) - FONAR Corporation (NASDAQ: FONR), the Inventor
of MR Scanning, announced the sale of its UPRIGHT® Multi-Position™ MRI
to Triangle Orthopaedic Associates, P.A. (TOA), headquartered in Durham,
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®
MRI scanner. UPRIGHT® 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® Multi-Position™ 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® Multi-Position™ 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®
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® Multi-Position™ MRI will be placed in the South Durham
Office. Their Web site is www.triangleortho.com.
Please visit www.fonar.com for investor, product and other information.
The Inventor of MR Scanning™, Full Range of Motion™, pMRI™,
Dynamic™, Multi-Position™, True Flow™, The Proof is in the
Picture™, Spondylography™ and Spondylometry™ are trademarks and
UPRIGHT® and STAND-UP® are registered 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.