MONTREAL, CANADA--(Marketwire - May 27, 2008) - 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 that it held its annual shareholders' meeting in Montreal on May 27, 2008. At the meeting, the shareholders of the Company elected the members of the Board of Directors who will serve until the next annual shareholders' meeting. Immediately following the annual meeting of shareholders, the Board of Directors appointed Mr. Sebastien Gignac Chairman of the Company, succeeding Mr. Benoit LaSalle who is stepping down after over five years in that role.
