CALGARY, Alberta, Jan. 11, 2007 (PRIME NEWSWIRE) -- Budget Waste Inc. (Pink Sheets:BDGW) announced today that it has satisfied all terms and conditions and has successfully completed the acquisition of Hydrovac Alberta Inc. Hydrovac Alberta specializes in hydrovac excavation and equipment manufacturing. Locating utility lines and other fragile underground equipment by the use of hydrovac excavation is becoming mandated in much of North America; by adding Hydrovac Alberta to its fleet of hydrovac trucks, BWI will be able to service a greater number of customers in this growing market. Rob Matthew, VP of operations, states, "By bringing on Hydrovac Alberta and retaining the staff and Management, we will benefit greatly from the years of valuable experience gathered and make use of the vast contact list available to add to our bottom line."
Budget Waste Inc. is a premier waste solutions company in Western Canada providing complete waste and recycling services solutions to commercial, industrial, construction, oilfield, 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 Mike Kolankowski 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 reader 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.