CALGARY, Alberta, Canada, Jan. 4, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), the Calgary area's largest local roll-off waste hauling company, signed a letter of intent with the largest rural residential waste collection company in the Calgary area, Kosland Waste Management Ltd. (Kosland). Operating for over 12 years, Kosland provides rural residential waste collection to all rural municipalities surrounding the Calgary area; as well as managing a fleet of 8 and 12 cubic yard waste bins. The pending merger will increase BWI's presence in the residential collection market and diversify the waste bin services currently offered by BWI.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
For more information on Budget Waste, Inc., you can visit our web site at www.budgetwaste.com.
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 June 2005. 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.
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