Raymond Damadian
Damadian is the company's largest shareholder, with 8% of stock worth $6.5 million. Despite owning only 8% of the stock, he maintains almost 100% control of the company through a separate class of shares (Class C) that only Damadian controls 2007. Damadian later collaborated with Wilson Greatbatch, one early developer of the implantable pacemaker, to develop an MRI-compatible pacemaker. He invented a stand-up MRI system and has 15 MRI scanning centers across the United States. There are a number of independent MRI centers that use this technology both in the U.S. and around the world. The company conceived and built the world's first Upright Multi-Positional MRI, which was recognized as The Invention of the Year in 2007 by the Intellectual Properties Owners Association Education Foundation.
Louisiana Purchase Exposition
X-ray machine – The X-ray machine was an invention which had its public debut at the 1904 World's Fair. X-rays were first discovered in November 1895 by a German scientist, Wilhelm Conrad Röntgen, who at the time was studying the phenomena accompanying the passage of an electric current through a gas of extremely low pressure. After Rontgen's discovery, he took an x-ray of his wife's hand, showing the bones and her fingers along with her wedding ring, and sent it to several of his scientist colleagues. One of the scientists that learned of the discovery was Thomas Edison and he soon began to experiment with his own x-ray machine with his assistant Clarence Dally. In 1901, Dally brought a test version of the x-ray machine to the 1901 World's Fair, but failed to test the machine when President McKinley was assassinated. For the 1904 World's Fair, the x-ray machine was perfected and successfully shown to the public. X-rays are now commonplace in hospitals and airports.