SOURCE: Budget Waste Inc.

February 15, 2007 08:00 ET

Budget Waste, Inc. Completes Acquisition of P.J.'s Waste and Recycling Services Ltd.

CALGARY, AB -- (MARKET WIRE) -- February 15, 2007 -- Budget Waste, Inc. (PINKSHEETS: BDGW) is very pleased to announce that it has concluded negotiations to complete the acquisition of P.J.'s Waste and Recycling Services Ltd. As well as being a well managed and profitable operation P.J.'s is one of the most recognized waste services companies in the Calgary area. With over 18 very successful years of service behind them, P.J.'s holds a large portion of the market in the construction, and renovation sector. Unique services such as 4 cubic yard waste containers with a proprietary handling system has enabled P.J.'s to stand out from the competition and thrive throughout their career.

Dan Zembal, BWI's V.P. of Business Development and the driving force behind BWI's recycling initiatives, has stated, "This acquisition could not come at a more opportune time. We have been extremely active in developing and implementing recycling solutions for our customers. The type of equipment P.J.'s will bring to our existing fleet is ideally suited to our recycling strategy. We will be able to fully utilize P.J.'s as well as our existing equipment and offer our recycling clients improved services as well as add recycling solutions to existing projects. The overall routing and dispatch system we currently use will mesh perfectly with the system P.J.'s uses."

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 confidant that Extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI.

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.

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

Contact Information

  • Budget Waste, Inc.
    Investor Relations
    Mike Kolankowski

    3915 - 61st Ave. SE .
    Calgary , AB T2C 1V5
    Ph.403-651-3708
    Toll Free 1-888-255-2990
    Fax: 403-255-3237
    Email: Email Contact