Dr. Nathalie Duchesne, ART Advanced Research Technologies Inc. Clinical Research Collaborator, Wins Prize At Canadian Association Of Radiologists Annual Scientific Meeting

MONTREAL, CANADA -- (MARKET WIRE) -- October 26, 2006 -- 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 Dr. Nathalie Duchesne, who collaborated with ART’s clinical research team, was awarded the Best Proffered Scientific Paper Award for research demonstrating significant lesion discrimination using the SoftScan® optical breast imaging device. The award was presented to Dr. Nathalie Duchesne, lead author for the paper, by the Canadian Association of Radiologists (CAR) during a special ceremony at the first joint meeting of the CAR and the Societe canadienne-francaise de radiologie, which was held on October 24 at the Hotel Omni in Montreal. Dr. Nathalie Duchesne is Director of Ville Marie Radiology and Breast MRI Centers and Scientific Director of the internationally renowned The Breast Course(1).