SOURCE: Budget Waste Inc.

February 25, 2008 09:00 ET

Budget Waste Inc. Provides Further Information Related to the Potential Acquisition of Broadband Communication Services Inc.

CALGARY, AB--(Marketwire - February 25, 2008) - Budget Waste Inc. (PINKSHEETS: BDGW) today released further information addressing the common operations BWI shares with Broadband Communication Services Inc. (BBCS).

Due to the large number of inquiries from shareholders and potential shareholders regarding the LOI with BBCS and the reasoning for this potential acquisition, BWI has released the following information.

BBCS is currently involved in underground construction operations with multiple clients and has operations in several States. These operations frequently involve hydro vac construction and vacuum truck services. BWI is also currently involved in hydro vac and vacuum truck operations throughout its service area. Expansion into BBCS's current service area would give BWI an instant foothold into the US and possibly into South America.

While BBCS does not currently operate Waste and Recycling services they are involved in the construction industry, an area in which BWI has vast experience, providing waste hauling, recycling, portable sanitation services and site security (temporary fencing). The potential for vertical integration involving these services can likely have a very positive effect on the organic growth of BWI. Additionally the potential addition of operations and clients from BBCS will benefit BWI not only by providing an increased customer base, but also by diversifying its operations BWI will reduce the impact of economic fluctuations among different markets

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.

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: ir@budgetwaste.com