CALGARY, Alberta, May 8, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), a premier waste solutions company in the Calgary area, finalizes the acquisition of Provac, a leading liquid waste hauling company. With a reputation as leaders in liquid waste hauling, Provac operates a fleet of 7 late model vehicles providing hydrovac, vacuum, line flushing and pressure washing services to the municipal and oil field markets in Alberta.
Over the past seven years, Provac has firmly positioned itself as the second largest liquid waste hauling company in the Calgary area providing services to the City of Calgary and the surrounding municipalities of Cochrane, Strathmore, Okotoks and Black Diamond. In addition to municipal service, Provac services major oil field companies such as Petro Canada and Compton Petroleum as well as positioning themselves in the Northern Alberta oil sands market with a multiple month service contract.
The acquisition of Provac, combined with the services BWI recently obtained with the acquisition of Strathmore Septic Services, will strengthen BWI's existing liquid waste hauling services and provide BWI the opportunity to increase their penetration into the lucrative Alberta oil field market.
For more information on Budget Waste Inc., you can visit our web site at www.budgetwaste.com or contact our Investor Relations Department at:
Cell: 403-651-3708 Fax: 403-236-3388 Email: ir@budgetwaste.com
The Budget Waste Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2155
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 March 2006. 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.