ART to be Present at the Annual Meeting of the Radiological Society of North America (RSNA) in Chicago

Montreal, Canada.- ART Advanced Research Technologies Inc. (“ART”) (TSX: ARA), a Canadian medical device company and a leader in optical molecular imaging products for the healthcare and pharmaceutical industries, is pleased to announce its participation at the 93rd annual meeting of the Radiological Society of North America (RSNA) being held at McCormick Place in Chicago, from November 25 to 30, 2007. ART will showcase the SoftScan® system, an optical medical imaging device designed to improve the diagnosis and treatment monitoring of breast cancer, at its booth (#4074) located in the South Building Exhibit Hall of McCormick Place.

“ART believes that there is a large market opportunity for the SoftScan breast imaging device, to address ‘blind spots’ offered by other imaging modalities such as mammography,” said Sébastien Gignac, ART’s President and CEO. “At the 2007 RSNA, we will be showing how SoftScan is doing this, through recent clinical results obtained for indications in diagnostic imaging, as well as for treatment monitoring. In particular, the treatment monitoring application currently under investigation in study sites in Canada and the United States, offers a clear value proposition to clinics, radiologists and third-party payers, helping to ensure effective treatment and reduce chemotherapy drug costs,” added Mr. Gignac.

Following the regulatory approvals obtained for the commercialization of the device in the course of the past year, the device is to be sold in Canada, Europe and other markets outside the United States, as well as globally for investigative use in drug development research settings.

About the SoftScan® system

The SoftScan® optical breast imaging system has been designed first as a complementary diagnostic tool to mammography, with ultimate uses in the detection and treatment monitoring of breast cancer. Its non-invasive, painless approach uses time-domain optical imaging technology, which may allow clinicians to better locate and characterize breast tumors as benign or malignant and could provide faster assessment of therapeutic effectiveness. Unlike mammography whose use must be strictly limited, the SoftScan system emits no radiation and can be safely used as often as needed to monitor patients. The device was created and developed by ART Advanced Research Technologies Inc., and has obtained regulatory approvals for its commercialization in Canada and in Europe.