Notice of Bridgewater Systems third quarter 2008 conference call

        - Third quarter financial results to be released on Thursday,
                             October 30, 2008 -

    OTTAWA, Oct. 23 /CNW/ - Bridgewater Systems (TSX: BWC), a leading
provider of real-time subscriber data management solutions, today announced
that it will host a conference call on Thursday, October 30, 2008 at 8:30 a.m.
ET to discuss its third quarter 2008 financial results. The call will be
co-chaired by Ed Ogonek, President & CEO, and Kim Butler, CFO. The Company
will release its financial results at 7:00 a.m. ET the same day.
    All interested parties can join the call by dialling 416-644-3416 or
1-800-732-9307. Please call in 15 minutes prior to the call to secure a line.
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 Thursday, 
November 6, 2008 by calling 416-640-1917 or 1-877-289-8525, reference number
21286037 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 100 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: INVESTOR RELATIONS CONTACT: Vanessa Beresford,
The Equicom Group Inc., (416) 815-0700 ext. 227,

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