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Press Release

DateSubject
December 13, 2001 Westaim announces non-cash write-down
November 1, 2001 Westaim’s NUCRYST to pursue pharmaceutical applications for its proven nanotechnology
October 2, 2001 iFire Technology update on TDK Corporation partnership
July 31, 2001 Westaim Announces 2001 Second Quarter Results
June 5, 2001 iFire Technology first to demonstrate CRT-quality color
May 9, 2001 Smith & Nephew acquires burn business and exclusive license to new wound care technology from Westaim Biomedical
May 9, 2001 Westaim Announces 2001 First Quarter Results
April 24, 2001 Westaim updates shareholders at Annual General Meeting
April 19, 2001 Government of Canada invests $30 million in iFire Technology’s flat panel TV technology
March 22, 2001 Westaim’s iFire Technology hires Matsushita Electric Industrial Co., Ltd. flat panel display veteran
March 13, 2001 Westaim technology investment, Savvion, Licenses BusinessManager to Cisco Systems
February 21, 2001 Westaim Biomedical receives FDA Over-the-Counter clearance for Acticoat® products
February 13, 2001 Westaim announces 2000 year-end results
January 18, 2001 Westaim’s iFire Technology reaches commercial quality color milestone and validates new column drivers
January 2, 2001 Westaim sells Chemicals Division to Marsulex for $18 million