Tuesday April 4, 2006
                               10:00 a.m. EDT
                               www.westaim.com

CALGARY, March 27 /PRNewswire-FirstCall/ - The Westaim Corporation will hold an investor briefing and iFire Technology Corp. update webcast at 10:00 a.m. EDT on Tuesday April 4, 2006.

To listen to the webcast live on the Internet, please go to www.westaim.com. An online presentation will accompany the briefing.

Drew Fitch, Senior Vice President & CFO, The Westaim Corporation; Tony Johnston, Senior Vice President, The Westaim Corporation; Nicolas Khoury, President, iFire Technology Corp. and Don Carkner, Vice President Product Planning, iFire Technology Corp. will provide a technical briefing and an update on pilot production.

The webcast will be archived and posted on the Westaim website.

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.

SOURCE  Westaim Corporation
    -0-              03/27/2006
    /CONTACT: Gillian McArdle, (416) 504-8464, info@westaim.com/
    (WED. WEDX)

CO: Westaim Corporation
ST: Alberta
IN: MLM MTC
SU: MAV

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