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February 7 2007

NUCRYST Pharmaceuticals Corp. will hold a webcast at 4:30 p.m. EST on Wednesday, February 14, 2007 regarding the company’s 2006 fourth quarter results.

In addition to standard disclosure over wire services, a news release and financial statements will be posted on the NUCRYST web site. To listen to the call live on the Internet, please go to www.nucryst.com.

Scott H. Gillis, President & CEO and Eliot M. Lurier, Vice President, Finance & Administration, and CFO will participate on the call.

An audio file of the call will be archived and posted on the NUCRYST web site.

NUCRYST Pharmaceuticals (NASDAQ: NCST; TSX: NCS) develops, manufactures and commercializes medical products that fight infection and inflammation using its patented atomically disordered nanocrystalline silver technology. Smith & Nephew plc sell a range of advanced wound care products under their Acticoat™ trade mark: Acticoat™ products incorporate NUCRYST’s SILCRYST™ coatings and are sold in over 30 countries. NUCRYST is also developing pharmaceutical products to address medical conditions that are characterized by both infection and inflammation. The company has developed its proprietary nanocrystalline silver in a powder form for use as an active pharmaceutical ingredient, referred to as NPI 32101.

For more information, please contact:
Gillian McArdle
(416) 342-1813
info@nucryst.com

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