Article: FONAR Announces $3 Million in New Orders for MRI Scanners.

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!