<SEC-DOCUMENT>0000355019-12-000008.txt : 20120427
<SEC-HEADER>0000355019-12-000008.hdr.sgml : 20120427
<ACCEPTANCE-DATETIME>20120427160915
ACCESSION NUMBER:		0000355019-12-000008
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120423
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
FILED AS OF DATE:		20120427
DATE AS OF CHANGE:		20120427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FONAR CORP
		CENTRAL INDEX KEY:			0000355019
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				112464137
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10248
		FILM NUMBER:		12789576

	BUSINESS ADDRESS:	
		STREET 1:		110 MARCUS DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6316942929

	MAIL ADDRESS:	
		STREET 1:		110 MARCUS DRIVE
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>fonar_8k.htm
<DESCRIPTION>FONAR 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">CURRENT REPORT</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Pursuant to Section 13 or 15(d) of the Securities
Act of 1934</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):
April 23, 2012</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FONAR CORPORATION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">______________________________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 27%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Delaware</TD>
    <TD STYLE="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 30%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">0-10248</TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 22%; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">11-2464137</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or other</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">jurisdiction of</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">incorporation)</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(I.R.S. Employer Identification Number)</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">110 Marcus Drive</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Melville, New York 11747</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(631) 694-2929</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">__________________________________________</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address, including zip code, and telephone
number</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">of registrant's principal executive office)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">[ ] Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">[ ] Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">[ ] Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Item 3.01(a) Notice of Delisting or Failure
to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 23, 2012, FONAR Corporation (&quot;FONAR&quot;)
received a letter from The NASDAQ Stock Market LLC (&quot;NASDAQ&quot;) indicating that the Company had failed to remain in compliance
with NASDAQ Listing Rule 5605(c)(2)(A) (the &ldquo;Rule&rdquo;), the audit committee composition requirement, as a result of the
death of Mr. Robert Djerejian on August 21, 2011.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr. Djerejian was an independent director who
also served as a member of the audit committee. The continued listing rules require that the audit committee be comprised of at
least three directors, each of whom must be independent, and that the majority of the board be comprised of independent directors.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FONAR has advised the Staff that the board
of directors has appointed Mr. Ronald G. Lehman to fill the vacancies on the board and the audit committee, thereby bringing FONAR
back into compliance with the Rule.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr. Lehman is a Managing Director of Investment
Banking with Bruderman Brothers, Inc., a private, New York-based broker-dealer (a FINRA member firm). Mr. Lehman directly manages
all facets of the firm&rsquo;s transaction processes, from deal origination, to sourcing capital, to negotiating deal structures,
through documentation and closing. The firm provides buy and sell-side advisory, capital raising, and consulting services to lower
middle-market companies. Mr. Lehman specializes in advising healthcare services companies and has recently completed the recapitalizations
of Professional Orthopedic and Sports Medicine, P.C. and Dynamic Healthcare Services, Inc., among others.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From 2000 to 2008, Mr. Lehman worked for various
Bruderman entities as a buy and sell-side advisor, and acted as a principal in several private equity transactions. In 2008, he
joined Health Diagnostics, LLC, one of the country&rsquo;s fastest growing diagnostic imaging providers, as a Senior Vice President
of Acquisitions where he managed the company&rsquo;s acquisition and corporate finance activities. Mr. Lehman returned to Bruderman
Brothers in 2010 to lead the firm&rsquo;s investment banking efforts. He also participates in the firm&rsquo;s merchant banking
investments and oversees many of these assignments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From 1998 to 2000, Mr. Lehman worked at Deutsche
Bank Securities, Inc. and last held the position of Associate in their Global Custody Group. Mr. Lehman graduated from Columbia
University with a B.A. in 1998.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A copy of the Company's press release announcing
receipt of the Staff&rsquo;s letter is attached hereto as Exhibit 99 and is incorporated herein by reference.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Exhibits</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">99. Press Release dated April 27, 2012</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">SIGNATURES</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the requirements of the Securities
and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.7in; text-align: center">FONAR CORPORATION</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.7in; text-align: center">(Registrant)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.7in; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.7in; text-align: center">By: /s/ Raymond Damadian</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.9in; text-align: center; text-indent: 0.5in">Raymond Damadian</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.9in; text-align: center; text-indent: 0.5in">President and
Chairman</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.7in; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dated: April 27, 2012</P>



<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>fonar_x99.htm
<DESCRIPTION>FONAR EXHIBIT 99
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><U>Exhibit 99</U></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>
        <P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><B><I>NEWS</I></B></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><I>For Immediate release</I></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Contact: Daniel Culver</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Director of Communications</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">www.fonar.com</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Email: investor@fonar.com</P></TD>
    <TD STYLE="width: 48%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">FONAR Corporation</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">The Inventor of MR Scanning&trade;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">An ISO 9001 Company</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">Melville, NY 11747</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">Phone: 631-694-2929</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">Fax: 631-390-1709</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FONAR BOARD OF DIRECTORS APPOINTS INDEPENDENT
DIRECTOR</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">MELVILLE, NEW YORK, April 27, 2012 &ndash;
FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning&trade;, today announced that on Thursday, April 26, 2012, its board
of directors had appointed Ronald G. Lehman as a replacement independent director to fill vacancies on the Company&rsquo;s board
of directors and audit committee. FONAR shareholders will have an opportunity to confirm the appointment at the annual shareholder
meeting scheduled for June 25, 2012.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Raymond Damadian, M.D., president and chairman
of the board, said, &ldquo;Mr. Lehman is a talented individual with strengths advising healthcare services companies and with significant
corporate finance experience. We expect him to be very beneficial to our growth. We are delighted to have him working with the
board of directors and as a member of the audit committee.&rdquo;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dr. Damadian continued, &ldquo;All this follows
the sad passing of our good friend Robert Djerejian, who was an able member of the board of directors since 2002.&rdquo;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr. Lehman is a Managing Director of Investment
Banking with Bruderman Brothers, Inc., a private, New York-based broker-dealer (a FINRA member firm). Mr. Lehman directly manages
all facets of the firm&rsquo;s transaction processes, from deal origination, to sourcing capital, to negotiating deal structures,
through documentation and closing. The firm provides buy and sell-side advisory, capital raising, and consulting services to lower
middle-market companies. Mr. Lehman specializes in advising healthcare services companies and has recently completed the recapitalizations
of Professional Orthopedic and Sports Medicine, P.C. and Dynamic Healthcare Services, Inc., among others.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From 2000 to 2008, Mr. Lehman worked for various
Bruderman entities as a buy and sell-side advisor, and acted as a principal in several private equity transactions. In 2008, he
joined Health Diagnostics, LLC, one of the country&rsquo;s fastest growing diagnostic imaging providers, as a Senior Vice President
of Acquisitions where he managed the company&rsquo;s acquisition and corporate finance activities. Mr. Lehman returned to Bruderman
Brothers in 2010 to lead the firm&rsquo;s investment banking efforts. He also participates in the firm&rsquo;s merchant banking
investments and oversees many of these assignments.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">From 1998 to 2000 Mr. Lehman worked at Deutsche
Bank Securities, Inc. and last held the position of Associate in their Global Custody Group. Mr. Lehman graduated from Columbia
University with a B.A. in 1998.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: right">Page 1 of 2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt">&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 38%; vertical-align: top; font: bold 14pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">FONAR Corporation</TD>
    <TD STYLE="width: 29%; vertical-align: top; font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; vertical-align: bottom; font: 9pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp; Page 2 of 2</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On Monday, April 23, 2012, The NASDAQ Stock
Market LLC (&quot;NASDAQ&quot;) staff sent a letter to FONAR stating that FONAR was not in compliance with NASDAQ&rsquo;s audit
committee composition requirement as set forth in Listing Rule 5605 (c)(2)(A), due to Mr. Djerejian&rsquo;s death on August 21,
2011. Following the appointment of Mr. Lehman, FONAR has regained compliance with the NASDAQ audit committee composition requirement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>About FONAR</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FONAR (<FONT STYLE="color: windowtext">NASDAQ:FONR</FONT>),
Melville, NY, <FONT STYLE="color: windowtext">The Inventor of MR Scanning&trade;</FONT>, was incorporated in 1978, and is the first,
oldest and most experienced MRI company in the industry. FONAR introduced the world&rsquo;s first commercial MRI in 1980, and went
public in 1981. Since its inception, nearly 300 recumbent-OPEN MRIs and 150 UPRIGHT&reg; Multi-Position&trade; MRI scanners have
been installed worldwide. FONAR&rsquo;s stellar product is the UPRIGHT&reg; MRI (also known as the Stand-Up&reg; MRI), the only
whole-body MRI that performs Position&trade; imaging (pMRI&trade;) and scans patients in numerous weight-bearing positions, i.e.
standing, sitting, in flexion and extension, as well as the conventional lie-down position. The FONAR UPRIGHT&reg; MRI often sees
the patient&rsquo;s problem that other scanners cannot because they are lie-down only. The patient-friendly UPRIGHT&reg; MRI has
a near-zero claustrophobic rejection rate by patients. As a FONAR customer states, &ldquo;If the patient is claustrophobic in this
scanner, they&rsquo;ll be claustrophobic in my parking lot.&rdquo; Approximately 85% of patients are scanned sitting while they
watch a 42&rdquo; flat screen TV. FONAR is headquartered on Long Island, New York.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">#</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: windowtext"><I>UPRIGHT&reg;</I></FONT><I>
and <FONT STYLE="color: windowtext">STAND-UP&reg;</FONT></I><I> are registered trademarks and <FONT STYLE="color: windowtext">The
Inventor of MR Scanning&trade;,</FONT></I><I> Full Range of Motion&trade;, <FONT STYLE="color: windowtext">Multi-Position&trade;</FONT></I><I>,
Upright Radiology&trade;, <FONT STYLE="color: windowtext">The Proof is in the Picture&trade;</FONT></I><I>, True Flow&trade;, <FONT STYLE="color: windowtext">pMRI&trade;</FONT></I><I>,
Spondylography&trade;, <FONT STYLE="color: windowtext">Dynamic&trade;</FONT></I><I>, Spondylometry&trade;, <FONT STYLE="color: windowtext">CSP&trade;</FONT></I><I>,
and Landscape&trade;, are trademarks of FONAR Corporation.</I></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>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 <FONT STYLE="color: windowtext">company's filings with the Securities
and Exchange Commission.</FONT></I></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">###</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
