SOURCE: Budget Waste Inc.

October 20, 2008 12:58 ET

Budget Waste Nearing Transaction With Reporting Issuer

CALGARY, AB--(Marketwire - October 20, 2008) - Budget Waste ("BWI") (PINKSHEETS: BDGW) announces that it is close to completing the acquisition of an OTCBB company and that due diligence is ongoing. "We anticipate closing in the next week to 10 days," said Jim Can, CEO of BWI. "We have planned this strategic move for some time now in order to move the trading of our shares from the Pink Sheets to the more regulated OTCBB. By becoming a fully reporting issuer, the Company will be able to offer more transparency to its shareholders and investors."

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

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

  • Budget Waste Inc.
    Investor Relations

    3915 - 61st Ave. SE.
    Calgary, AB T2C 1V5
    Ph: 403-255-2900
    Toll Free: 1-888-255-2990
    Fax: 403-255-3237
    Email: Email Contact