SOURCE: Budget Waste Inc.

January 15, 2008 09:37 ET

Budget Waste Inc. Acquires We Haul Waste Inc.

CALGARY, AB--(Marketwire - January 15, 2008) - Budget Waste Inc. (PINKSHEETS: BDGW) is pleased to announce that it has completed the acquisition of We Haul Waste Inc. This acquisition adds valuable market share to the construction, renovation and demolition sectors which BWI has targeted as having exceptional growth potential. Recent trends in this industry have proven that developers, construction companies and renovators are seeking out companies with proven track records in environmentally sustainable methods of handling residual materials produced on their sites. BWI works with clients to provide cost effective methods of handling waste in an environmentally friendly manor on a site by site basis.

We Haul Waste Inc. operates a fleet of roll off trucks and containers located in south and central Alberta and has seen considerable growth in the past 2 years. The equipment and technologies used by We Haul Waste Inc. are similar to that used by BWI currently, making the incorporation of assets into the current system straightforward. Jim Can, President and CEO of BWI, states, "The acquisition of We Haul Waste Inc. is one more step in the right direction for BWI. We are constantly looking for companies that will complement our philosophies and business culture. We Haul fits into our criteria and will help us move toward our goal of being the largest waste solutions company in North America."

Budget Waste Inc. is a waste solutions company in Western Canada providing complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. With our broad range of innovative services we offer our customers more value for their dollar and reduce accounting costs by providing streamlined billing. BWI is currently following its growth through acquisition strategy with exceptional success. With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products we see vast opportunity for expansion of our distinctive services. We are confident that extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI.

For more information on Budget Waste Inc., please visit our web site at www.budgetwaste.com or contact our investor relations department at:

Budget Waste Inc.
Investor Relations
Mike Kolankowski

3915 - 61st Ave. SE.
Calgary, AB T2C 1V5
Ph.403-255-2900
Toll Free 1-888-255-2990
Fax:  403-255-3237
Email: ir@budgetwaste.com

Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.

Contact Information

  • Contact:
    Budget Waste Inc.
    Investor Relations
    Mike Kolankowski

    3915 - 61st Ave. SE.
    Calgary, AB T2C 1V5
    Ph.403-255-2900
    Toll Free 1-888-255-2990
    Fax: 403-255-3237
    Email: ir@budgetwaste.com