BWI Holdings, Inc. -- Letter to Shareholders From CEO

CALGARY, AB--(Marketwire - 09/14/09) - BWI Holdings, Inc. (OTC.BB:BWIH - News), operating as Budget Waste, Inc. (the "Company"), a leading provider of waste and recycling services to industrial, residential, and commercial clients, announces the following contract information:

First, let me thank you for your continued interest in Budget Waste, Inc. (BWIH). This is a good time to update our shareholders and other interested parties in developments that, in time, will be of significant benefit to your Company.

As you know, the global economy has affected all companies worldwide. Budget Waste has not been immune, hampering our ability to secure financing. Therefore, effective September 15, 2009 Budget Waste, Inc. shares will be quoted on the Pink Sheets under the symbol (BWIH).

This is due, in part, to the company's inability to file its year-end 10K and first quarter 10Q financial within the required filing period. The costs associated with a year-end audit of all the entities that comprise Budget Waste, Inc. proved to be too expensive at a time when we are optimizing and re-structuring our operations.

I am optimistic that given the recent economic indicators, coupled with the gain in the markets, that we are poised to emerge out of CCAA shortly, and in doing so will be a much leaner and stronger company, in a position to capitalize on growth while increasing shareholder value.

Once feasible, we fully intend to make application to return to the OTCBB Bulletin Board.

In the meantime BWIH will continue to voluntarily disclose its financial statements, as well as corporate developments, as appropriate.

We value each and every shareholder and appreciate your support.

Sincerely,

Jim Can, President & CEO of Budget Waste, Inc.

Safe Harbor Act Notice:

Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

 
Contact:
BWI Holdings, Inc.
Investor Relations
3915 - 61st Ave. SE.
Calgary, AB T2C 1V5
Ph. 403-255-2900
Toll Free 1-888-255-2990
Fax: 403-255-3237
Email: Email Contact