Dear Sir /Madam, Unfortunately, I lost the BW500 Webcam CD and it is require for reinstallation. Kindly arrange to provide me link to download the free software to enable me to use the said webcam. Your swfit response shall be highly appreciated.

You can download it from HERE or from HERE, I've inserted two links if one of them might not work. Open the first link and click "Download (5MB)" to download, it's a winzip file, you'll need winrar or winzip or 7zip to extract the contents. Regarding the second link, once it's clicked, download should begin automatically.
Good Luck.

Let me know if you need further help.

Thanks for using FixYa.

Hello, download your driver from here. Choose your webcam and download the driver.
http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=auto&tl=en&u=http%3A%2F%2Fwarlike.wordpress.com%2F2008%2F03%2F21%2Fdrivers-webcam-bluesky%2F

OR
Since you have BW500, This this the driver for you
http://www.4shared.com/file/m9i14V12/Bluesky_BW500.html

or

http://www.4shared.com/get/m9i14V12/Bluesky_BW500.html

copy it and paste it to your browser and download it

Please rate 4 stars if this solved your problem. Thanks