SOURCE: BWI Holdings, Inc.

BWI Holdings, Inc.

March 12, 2010 06:00 ET

BWI Holdings, Inc. Subsidiary Committed to Fuel Savings and Reductions of Harmful Greenhouse Gases

CALGARY, AB--(Marketwire - March 12, 2010) -  BWI Holdings, Inc. (PINKSHEETS: BWIH) announced today that its wholly owned subsidiary, Budget Waste, Inc., located in Western Canada, is adopting a new way to reduce fuel costs and to significantly decrease harmful greenhouse gases with the use of Hydrogen Generating Modules in 2010.

The Hydrogen Generating Modules can be attached to any type of engine to enhance the combustion process independent of fuel used, including gasoline, diesel, propane, natural gas and ethanol. The unit produces a mixture of hydrogen and oxygen gases on demand, through a controlled electrolysis process. The gases are delivered to the engine's air intake manifold, where they mix with air or air-fuel vapours and enter the engine's cylinders to enhance the combustion process.

The purpose is to improve overall engine combustion efficiency by producing a more complete burn of the air-fuel mixture. Gasoline engines usually operate at 85% efficiency, while diesel engines run at 33% to 45% efficiency. The remaining percentage of inefficiency represents unburned hydrocarbons that are released into the atmosphere as polluting emissions. By introducing only a fraction of the usual amount of hydrogen and oxygen gases to the combustion process, the lean flammability limit of the fuel is significantly extended thereby achieving greater thermo efficiency and a more complete burn.

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About Budget Waste

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 opportunities for expanding 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:

Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

Contact Information

  • Contact:

    BWI Holdings, 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