SOURCE: Budget Waste Inc.

March 03, 2008 06:30 ET

Budget Waste Inc. on Track to Realize 55% Increase in Annual Revenue for the Year Ending March 31, 2008

CALGARY, AB--(Marketwire - March 3, 2008) - Budget Waste Inc. (PINKSHEETS: BDGW) announced today that the company is on track to realize a 55% increase in revenues over the previous year.

BWI is pleased to announce that a projected increase in revenues of 55% should be reached for the current year ending March 31, 2008. BWI has generated an average monthly income of $1,350,000 for the first 9 months of 2007, this calculates into year end revenue of approximately $16,200,000. This represents an increase of approximately $5,759,000 over the previous year's income of $10,441,000.

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.

Contact Information

  • 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: Email Contact