Wednesday February 15, 2006 4:30 p.m. EST www.westaim.com CALGARY, Feb. 14 /CNW/ - The Westaim Corporation will hold a webcast at 4:30 p.m. EST on Wednesday February 15, 2006 regarding the company's 2005 fourth quarter and year-end 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. Barry Heck, President & Chief Executive Officer, Tony Johnston, Senior Vice President and Drew Fitch, Senior Vice President & Chief Financial 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 technology investments include: NUCRYST Pharmaceuticals (NASDAQ: NCST; TSX: NCS), which researches, develops and commercializes medical devices and pharmaceutical products that fight infection and inflammation based on its nanocrystalline silver technology; and iFire Technology, which has developed a revolutionary low-cost flat panel display. Westaim's common shares are listed on NASDAQ under the symbol WEDX and on The Toronto Stock Exchange under the trading symbol WED. %SEDAR: 00002793E