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Westaim announces 2008 first quarter results
Date:5/12/2008

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(Loss) income from continuing operations

Nucryst Pharmaceuticals $ (2,238) $ (2,178)

Other (including corporate costs) 5,465 4,077

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Income from continuing operations $ 3,227 $ 1,899

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Consolidated Balance Sheets March 31, 2008 December 31, 2007

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Cash and cash equivalents $ 38,222 $ 30,993

Current assets 50,155 51,561

Other assets 24,605 31,826

Current liabilities 6,482 8,461

Shareholders' equity 50,268 56,371


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SOURCE Westaim Corporation
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