CALGARY, Alberta, Jan. 9, 2007 (PRIME NEWSWIRE) -- Budget Waste Inc. (Pink Sheets:BDGW) has successfully completed negotiations with A&R Waste and have finalized the acquisition of all assets and client lists. This strategic move places BWI in a very strong position in the rapidly expanding south/central Alberta rural market. A&R Waste has been servicing clients in the area for 20 years and has a strong position in industrial, front load, curbside, and rural residential operations. The addition of these assets will allow BWI to streamline rural operations and capitalize on the explosive growth in the region. This acquisition is one of several being actively pursued by BWI which has a mandate to facilitate growth by acquisition.
Budget Waste Inc. is a premier waste solutions company in Western Canada providing complete waste service solutions to oilfield, commercial, industrial, construction, homebuilders and residential clients. 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 Main ph: 403-651-3708 Fax: 403-255-3237 Email: ir@budgetwaste.com
The Budget Waste Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2155
Safe Harbor:
The information presented in this document reflects the true and current state of the business and future intended direction of BWI, as best understood by the controlling shareholders as of January 2007. This document contains forward-looking statements relating to the operations and environment in which BWI operates, which are based on operations, estimates and forecast projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the control of BWI. A number of important events could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Although these forward-looking statements contained herein are based upon what management believes are reasonable assumptions, BWI cannot assure investors that the actual results will be consistent with these forward-looking statements. The readers should not rely solely on such forward statements and BWI disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.