SOURCE: Budget Waste Inc.

February 09, 2007 09:09 ET

Budget Waste, Inc. Signs Additional Letter of Intent

CALGARY, AB -- (MARKET WIRE) -- February 9, 2007 -- Budget Waste Inc. (PINKSHEETS: BDGW) confirmed today that it has signed a letter of intent with Able Machine Shop Ltd. Able Machine Shop Ltd. has been in operation for over 24 years. Able is a fully equipped fabrication and machine shop that produces a wide variety of tools and equipment including trailers, wire line tools, waste containers, fencing, and a variety of custom work and one offs.

BWI has contracted Able Machine Shop Ltd. to construct portable fencing, roll off containers, front load containers, recycling equipment and a wide variety of machine shop services. By bringing these services in house BWI will dramatically decrease costs associated with constructing capital assets, and reduce maintenance costs allowing more capital investment to be diverted to BWI's growth by acquisition strategy which in turn will increase revenues and strengthen market share.

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. 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.403-651-3708
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

  • 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: ir@budgetwaste.com