SOURCE: Budget Waste Inc.

January 18, 2007 06:00 ET

Budget Waste Inc. Expanding Operations to Include New Facility

CALGARY, AB -- (MARKET WIRE) -- January 18, 2007 -- Budget Waste Inc. (PINKSHEETS: BDGW) announced today that the company is proceeding with plans to construct a state-of-the-art fleet maintenance facility. This facility will be adjacent to the present company headquarters, and will provide improved logistical support and provide preventative and routine maintenance to BWI's steadily growing fleet. Kelly Podmoroff, BWI's operations manager states, "By being pro active and providing the additional space and equipment, including wash bays and a fully stocked parts room, we will be able to handle an additional 75-100 trucks and solidify our local growth requirements for the next 3-5 years. Design and development is currently underway and construction will commence as quickly as possible, and we foresee moving into the facility as soon as summer 2007."

Safe Harbor:

The information presented in this document reflects the true and current state of the business and future intended direction of BWI, as best understood by the controlling shareholders as of January 2007. This document contains forward-looking statements relating to the operations and environment in which BWI operates, which are based on operations, estimates and forecast projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the control of BWI. A number of important events could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Although these forward-looking statements contained herein are based upon what management believes are reasonable assumptions, BWI cannot assure investors that the actual results will be consistent with these forward-looking statements. The readers should not rely solely on such forward statements and BWI disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Budget Waste Inc.
    Investor Relations
    Mike Kolankowski

    3915 - 61st Ave. SE.
    Calgary, AB T2C 1V5
    Main ph: 403-651-3708
    Fax: 403-255-3237
    Email: ir@budgetwaste.com