SOURCE: Budget Waste Inc.

March 16, 2007 08:46 ET

Budget Waste, Inc. Signs Letter of Intent With Highmark Vacuum Services Ltd.

CALGARY, AB -- (MARKET WIRE) -- March 16, 2007 -- Budget Waste, Inc. (PINKSHEETS: BDGW) announced today that it has signed a letter of intent with Highmark Vacuum Services Ltd. which is based in Carstairs, Alberta. Highmark has been providing Vacuum truck services to the commercial, industrial and oilfield sectors for 7 years and is well respected in the industry as a service leader. BWI is currently pursuing a growth by acquisition strategy, and feels that Highmark will add valuable market share and expand their territory coverage substantially.

BWI's President and CEO Mr. Jim Can states, "Highmark is one of a group of companies with which we are currently negotiating; the knowledge and strength they bring to our company will be considerable. We will continue to add value to BWI as we move forward which will support our steadily increasing stock price and reward our shareholders."

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. 403-651-3708
    Toll Free 1-888-255-2990
    Fax: 403-255-3237
    Email: ir@budgetwaste.com