The Westaim Corporation Webcast of Conference Call to Discuss 2008 Third Quarter Results

CALGARY, Nov. 11 /PRNewswire-FirstCall/ - The Westaim Corporation will hold a webcast at 11:00 a.m. EST on Thursday, November 13, 2008 regarding the Company's 2008 third 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 site.

The Westaim Corporation's common shares are listed on The Toronto Stock Exchange under the trading symbol WED. Westaim holds a 74.5 percent interest in NUCRYST Pharmaceuticals Corp. .

CONTACT: Gillian McArdle, (416) 504-8464, info@westaim.com

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