CALGARY, ALBERTA, CANADA - The Westaim Corporation announced today that its common shares will begin trading on Nasdaq effective Wednesday, April 19, 2000 under the trading symbol WEDX. Its shares will continue to be listed on the Toronto Stock Exchange under the symbol WED.

“Listing on Nasdaq is a response to strong interest from U.S. investors in recent months and the encouragement we have received from many of our U.S. investors to list on the exchange known globally for technology companies,” said Kevin Jenkins, President and CEO of The Westaim Corporation.

The Westaim Corporation is a technology incubator that launches exceptional technologies into the marketplace. Its technology investments include Westaim Biomedical Corp., which has developed an infection control technology for use in the treatment of wounds, iFire Technology Inc., which has developed a revolutionary low-cost flat panel display, and Technology Deployment International, Inc., a leader in e-business management software. Westaim's common shares are listed on Nasdaq under the symbol WEDX and on The Toronto Stock Exchange under the trading symbol WED.


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For more information contact:
Tony Johnston, Senior Vice President, Corporate Affairs
The Westaim Corporation
(403) 234-3103
info@westaim.com
www.westaim.com


This news release may contain forward-looking statements. These statements are based on current expectations that are subject to risks and uncertainties, and the Company can give no assurance that these expectations are correct. Various factors could cause actual results to differ materially from those projected in such statements, including financial considerations and those predicting the timing and market acceptance of future products. The Company disclaims any intention or obligations to revise forward-looking statements whether as a result of new information, future developments or otherwise. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement.