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Article: FONAR Announces $3 Million in New Orders for MRI Scanners.
- Article from:
- Business Wire
- Article date:
- June 30, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELVILLE, N.Y.--(BUSINESS WIRE)--June 30, 1998--FONAR Corporation (NASDAQ:FONR), a leading maker of magnetic resonance imaging (MRI) scanners used in medical diagnosis, announced today that the company has received two orders valued at $3 million for its QUAD 12000 (tm) MRI scanners. The first order, for a QUAD scanner to be placed at an outpatient center in Texas, includes a two-year service contract and is valued at $1 million.
The second order is to be placed in one of the largest hospitals in Spain. Sol Ginzburg, FONAR's International Sales Director, said, "The hospital previously purchased a competitor's 0.35 Tesla (T) open MRI system. When they learned ...