FONAR Request for NASDAQ Hearing Granted

FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™ announced today that on July 15, 2008, it filed a request for a hearing with the NASDAQ Listing Qualifications Panel. The request has been granted. FONAR will request the continued listing of its securities based on FONAR 's plan to solicit proxies and hold the annual meeting. NASDAQ has scheduled the hearing for late August. FONAR originally planned to hold its annual meeting in June. It is anticipated that the panel will render a decision within approximately 30 days after the hearing.

Be sure to visit FONAR’s Website for product and investor information: www.fonar.com

The Inventor of MR Scanning™, Full Range of Motion™, pMRI™, Dynamic™, Multi-Position™, True Flow™ and The Proof is in the Picture™ 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 filings with the Securities and Exchange Commission.