SOURCE: Budget Waste Inc.

December 10, 2007 09:31 ET

Budget Waste Inc. Signs Letter of Intent With Waste Removal Firm

CALGARY, AB--(Marketwire - December 10, 2007) - Budget Waste Inc. (PINKSHEETS: BDGW) announced today that it has signed a letter of intent with We Haul Waste Inc.

Budget Waste Inc. (BWI) is pleased to announce today that a definitive letter of intent has been signed with We Haul Waste Inc. This positive step will provide both parties the opportunity to negotiate purchase terms and conditions with the best interests of both companies and all shareholders being priority. The purchase agreement is expected to be completed promptly as the companies have had an excellent operational relationship over the past year.

The addition of We Haul Waste Inc. will bring new, quality equipment to BWI and add several successful contracts to BWI. Brian Jovanovic, COO for BWI, states, "This acquisition is very complementary to the current operations BWI is developing. We Haul Waste Inc. is involved in the same waste hauling sectors as we are; the assets, and customer base are extremely similar and will blend quite naturally together. Overall we foresee a very smooth transition."

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 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

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.

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