CALGARY, Alberta, May 4, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), a premier full service waste hauling company in the Calgary area, finalizes the acquisition of AllWaste Systems Ltd. (ALLWASTE), leaders in construction, renovation and demolition recycling for the Calgary homebuilders market since 1991. With a fleet of over 1300 bins and 15 trucks and the majority share of the rapidly growing Calgary homebuilders market, ALLWASTE has been the leading provider and innovator for waste hauling and recycling services in the Calgary area. Their respected reputation in the Calgary market has led homebuilders in other markets to approach ALLWASTE in an effort to have ALLWASTE develop waste hauling and recycling operations in other major Alberta cities.
With their strong background in recycling, ALLWASTE works closely with municipal and provincial governments on waste management and recycling initiatives. ALLWASTE has received the Calgary Mayor's Environmental Reward for the implementation and management of the sub-division recycling programs, as well as participating in the City of Calgary Blue Bag Project and the Built Green Alberta Project.
For more information on Budget Waste Inc., you can visit our web site at www.budgetwaste.com or contact our Investor Relations Department at:
Phone: 403-651-3708 Fax: 403-236-3388 Email: ir@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 April 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.
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