SOURCE: Budget Waste Inc.

October 19, 2007 09:30 ET

Budget Waste, Inc. Provides Financial and Management Update

CALGARY, AB--(Marketwire - October 19, 2007) - Budget Waste, Inc. (PINKSHEETS: BDGW) announced today that it will release a report on current management and financial events.

Over the past few months of operations, BWI has undergone significant change in its management structure, operating technologies and financial status. Every aspect of management and operations has been reviewed and streamlined to facilitate the same level of growth that has been experienced in the past 1 1/2 years. Cost cutting measures and productivity enhancement programs have been implemented to strengthen the bottom line. Some of these measures are:

--  Specialized dispatch programming that tie directly to accounting
    software to streamline dispatch and billing methods.
    
--  Productivity bonuses for all employees that allow motivated
    individuals to earn compensation directly related to their performance.
    
--  GPS asset tracking systems to evaluate asset activity.
    

Management has been reviewed and revised to reflect BWI's current situation. The senior management team follows:

Jim Can-President and CEO
Kelly Podmoroff-VP external Operations
Michele Patrosh-VP internal Operations
Carol Hobbs-CFO
Brian Jovanovic-COO

Current Directors Are:

Dave Koswoski
Kendall Dilling
Bob Baker
Michele Patrosh
Jim Can
Brian Jovanovic
Kelly Podmoroff

Budget Waste would like to thank past Directors Mike Kolankowski (resigned June 07), and Dan Zembal (resigned Sept. 07) for their significant contributions.

Financial information regarding BWI has been progressing rapidly in the last quarter with the 2005 audit complete and 2006 audit currently underway. Up to date financial information will be uploaded to Pinksheets within the next 2 weeks.

President and CEO Jim Can states, "This is a very exciting time for us. With the successful acquisition and amalgamation of 13 companies under our belt and operations running smoothly, we feel that as a management team we are ready to move forward with another round of acquisition activity."

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

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