<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x9981201.txt
<TEXT>
exhibit 99
================================================================================
                                FONAR CORPORATION

Fonar MRI news @ aol . com                               Inventor of MR Scanning
For    Immediate   Release                               An   ISO  9001  Company

Contact:    Daniel  Culver                               110    Marcus     Drive
Director of Communications                               Melville,   N.Y.  11747
Web site:    www.fonar.com                               Tel:    (631)  694-2929
Email:invest2008@fonar.com                               Fax:    (631)  390-1709
================================================================================

                FONAR GRANTED CONTINUED LISTING BY NASDAQ PANEL

MELVILLE,  NEW YORK - December 1, 2008 -- FONAR Corporation  (NASDAQ-FONR),  the
Inventor of MR  Scanning{trademark},  today  announced  that The NASDAQ  Listing
Qualifications  Panel  ("NASDAQ  Panel") has granted the  Company's  request for
continued  listing on The NASDAQ Capital Market,  subject to the condition that,
on or before  January 15, 2009,  the Company  file a Current  Report on Form 8-K
with the Securities and Exchange Commission, evidencing the Company's compliance
with  the  NASDAQ   shareholders'   equity  requirement  of  $2.5  million,   or
demonstrating its compliance with one of the alternative listing criteria. While
the  Company  is taking  steps to  comply  with the  terms of the  NASDAQ  Panel
decision, there can be no assurance that the Company will be able to do so.

In its decision,  the NASDAQ Panel also determined that the Company had regained
compliance with NASDAQ's proxy solicitation and annual meeting requirements,  as
set forth in Marketplace  Rules 4350(g) and 4350(e),  respectively.  The Company
solicited  proxies  and  subsequently  held a combined  annual  meeting  for the
current and prior fiscal years on November 17, 2008. Notwithstanding, the NASDAQ
Panel  issued a reprimand to the Company for failure to timely  solicit  proxies
and to hold the annual meeting for the prior fiscal year.

                                       #

UPRIGHT(R)  and  STAND-UP(R)  are  registered  trademarks and The Inventor of MR
Scanning(TM), Multi-Position(TM), The Proof is in the Picture(TM), Full Range of
Motion(TM),   pMRI(TM),  Dynamic(TM),  True  Flow(TM),   Spondylography(TM)  and
Spondylometry(TM) are trademarks of FONAR Corporation.

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

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.
</TEXT>
</DOCUMENT>
