Notice of Bridgewater Systems fiscal 2007 fourth quarter and year end conference call

    - Fourth Quarter and Year End financial results to be released on
    February 27, 2008 at 7:00 am ET -

    Toronto Stock Exchange Symbol: BWC

    OTTAWA, Feb. 21 /CNW/ - Bridgewater Systems (TSX: BWC), a leading
developer of subscriber-centric policy management software for IP-based
services, will host a conference call on Wednesday, February 27, 2008 at
8:30 a.m. (ET) to discuss its fiscal 2007 fourth quarter and year end
financial results. Bridgewater invites all interested parties to participate.
You can join the call by dialing 416-644-3420 or 1-800-732-6179. Please call
in 15 minutes prior to the call to secure a line. You will be put on hold
until the conference call begins.
    Ed Ogonek, President & CEO and Kim Butler, CFO, will co-chair the call. A
question and answer session will follow, at which time the operator will
direct participants as to the correct procedure for submitting questions. A
taped replay of the conference call will be available until Wednesday,
March 5, 2008 by calling 416-640-1917 or 1-877-289-8525, reference number
21263699 followed by the number sign.
    A live audio webcast of the conference call will be available through and Please connect at least
15 minutes prior to the conference call to ensure adequate time for any
software download that may be needed to hear the webcast. An archived replay
of the webcast will be available for 365 days.

    About Bridgewater Systems

    Bridgewater Systems develops subscriber-centric service control
solutions, including access control and policy management software for fixed,
mobile and converged networks. Using Bridgewater solutions, global service
providers can offer personalized services and experiences to their subscribers
by maintaining a real time policy that controls how subscribers interact with
networks, services, and their devices. Vendor-neutral and access network
agnostic, Bridgewater's carrier-class solutions help global service providers
launch new services faster, target them more accurately, and maximize profits
by creating a decision point that brings dynamic subscriber context to
controlling and merchandizing the subscriber interaction with IP-based
services. More than 90 leading service providers around the globe including
Verizon Wireless, Sprint Nextel, Bell Mobility and SmarTone-Vodafone trust
Bridgewater's technology to help them deliver world-class services.

    Bridgewater, Bridgewater Systems and the Bridgewater Systems logo are
trademarks or registered trademarks of Bridgewater Systems Corporation. All
other company, product names and any registered and unregistered trademarks
mentioned are used for identification purposes only and remain the exclusive
property of their respective owners.

    Certain statements in this release constitute forward-looking statements
or forward-looking information within the meaning of applicable securities
laws and are made pursuant to the "safe harbour" provisions of such laws.
Statements related to potential benefits of, and demand for, Bridgewater's
products including statements with respect to the features and benefits that
may be achieved through the use of Bridgewater's products and the relative
position of these products vis-à-vis competitive offerings in the industry are
forward-looking statements which are subject to certain assumptions, risks and
uncertainties. Readers are cautioned not to place undue reliance on such
statements. Risk factors that may cause the actual results, performance or
achievements of Bridgewater to differ materially from the results,
performance, achievements or developments expressed or implied by such
forward-looking statements can be found in the public documents filed by
Bridgewater from time to time with Canadian securities regulatory authorities.
Bridgewater assumes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or

For further information:

For further information: Vanessa Beresford, The Equicom Group Inc.,
(416) 815-0700 ext. 227,

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