Budget Waste Inc. Acquires We Haul Waste Inc.
* Reuters is not responsible for the content in this press release.
CALGARY, AB, Jan 15 (MARKET WIRE) --
Budget Waste Inc. (PINKSHEETS: BDGW) is pleased to announce that it has
completed the acquisition of We Haul Waste Inc. This acquisition adds valuable
market share to the construction, renovation and demolition sectors which BWI
has
targeted as having exceptional growth potential. Recent trends in this industry
have proven that developers, construction companies and renovators are seeking
out
companies with proven track records in environmentally sustainable methods of
handling residual materials produced on their sites. BWI works with clients to
provide cost effective methods of handling waste in an environmentally
friendly manor on a site by site basis.
We Haul Waste Inc. operates a fleet of roll off trucks and containers
located in
south and central Alberta and has seen considerable growth in the past 2
years. The equipment and technologies used by We Haul Waste Inc. are similar
to that used by BWI currently, making the incorporation of assets into the
current system straightforward. Jim Can, President and CEO of BWI, states,
"The acquisition of We Haul Waste Inc. is one more step in the right
direction for BWI. We are constantly looking for companies that will
complement our philosophies and business culture. We Haul fits into our
criteria and will help us move toward our goal of being the largest waste
solutions company in North America."
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
Mike Kolankowski
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
statementsthat 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:
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
Email: ir@budgetwaste.com
Copyright 2008, Market Wire, All rights reserved.
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