Contact Information: Contact: Daniel Culver FONAR Corporation 631-694-2929
NASDAQ Continues to Review FONAR's Compliance With Listing Requirements
| Source: FONAR Corporation
MELVILLE, NY--(Marketwire - October 7, 2009) - FONAR Corporation (NASDAQ : FONR ) today
announced that the NASDAQ Listing and Hearing Review Council (the "Listing
Council") is continuing to review whether FONAR, which filed its Form 10-K
for the fiscal year, June 30, 2009, is now in compliance with NASDAQ's
continued listing requirements. A decision is expected shortly. The
Company intends to make an announcement upon receipt of NASDAQ's final
determination.
For investor and other information visit: www.fonar.com.
UPRIGHT® and STAND-UP® are registered trademarks and The Inventor of MR
Scanning™, pMRI™, Full Range of Motion™, Multi-Position™, The
Proof is in the Picture™, Dynamic™, True Flow™,
Spondylography™, Spondylometry™ and Upright Radiology™ 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.