MELVILLE, N.Y.--(BUSINESS WIRE)--FONAR Corporation (NASDAQ:FONR), The Inventor of MR Scanning™, reported today that The Wall Street Journal announced in Monday’s edition (9/24/2007) that out of over 800 contenders FONAR has been named one of two runners-up for The Wall Street Journal Technology Innovation Award for 2007. The award is for the FONAR UPRIGHT™ Multi-Position™ MRI.