Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2008 Second Quarter Results

                         Wednesday, August 13, 2008
                                4:30 p.m. EDT

    CALGARY, Aug. 11 /CNW/ - The Westaim Corporation will hold a webcast at
4:30 p.m. EDT on Wednesday, August 13, 2008 regarding the Company's 2008
second quarter results.
    In addition to standard disclosure over wire services, a news release and
financial statements will be posted on the Westaim web site. To listen to the
call live on the Internet, please go to www.westaim.com.
    Drew Fitch, President & Chief Executive Officer will participate on the
call. An audio file of the call will be archived and posted on the Westaim web

    The Westaim Corporation's investments include iFire Technology Ltd., and
a 74.5 per cent interest in NUCRYST Pharmaceuticals Corp. (NASDAQ:   NCST; TSX:
NCS). Westaim's common shares are listed on The Toronto Stock Exchange under
the trading symbol WED.

    %SEDAR: 00002793E

For further information:

For further information: Gillian McArdle, (416) 504-8464,

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