Feb. 25, 2011 (Canada NewsWire Group) --
TSX Venture Symbol: CFL.UN
CALGARY, Feb. 25 /CNW/ - Canadian Equipment Rental Fund Limited Partnership ("CERF LP" or the "Partnership") (TSXV: CFL.UN), is pleased to announce that its wholly owned subsidiary, The Smart-Way Disposal & Recycling Company Ltd. ("Smart-Way"), has developed several new products and services to compliment its already diverse line of waste and recycling solutions for residential and commercial customers.
The first new product called the Flying Bin Contraption ("FBC") was designed in-house by the Smart-Way staff to address the special needs of homebuilders and contractors on jobsites with limited space. The FBC allows customers to have a scheduled pick-up service on smaller residential construction lots. It also works extremely well to control and handle waste and recycling materials on commercial sites where access is awkward such as high rise tower construction projects, large scale renovation jobs or multi-level housing complexes.
The second new product is called the E-Z-Bag. The E-Z-Bag is designed to provide customers with smaller volume waste requirements and/or limited space with an affordable solution for disposal. The customer pre-purchases the polyethylene bag to fill with their waste and then calls Smart-Way for pickup and transport to an accredited regional landfill. The E-Z-Bag is a simple yet very effective solution for customers such as residential homeowners looking to dispose of unwanted household items, people who are moving and want to get rid of belongings prior to moving, renovators that have short term limited volume waste or any other application that does not require the larger roll-off bins available in the Smart-Way fleet.
Smart-Way has also developed a system for use in the concrete industry. This is a specialized polyethylene bag designed to capture the left-over concrete from concrete pumpers used on residential and commercial jobsites. This bag provides a solution for the pumper and contractor to maintain a clean and therefore safe jobsite while diverting the excess concrete to recycling instead of to a landfill.
Wayne Wadley, President and CEO comments, "Our motto for the past 35 years has been to be "The Leader in Equipment Solutions". To be that leader, we are constantly working with our customers to provide them with unique and innovative products and services to enable them to be more efficient and cost effective on their jobsites. These new products developed by our staff at Smart-Way are just another example of that ongoing commitment to our motto. Our customers have been searching for better ways to handle their waste and recycling materials and these products will help answer that need. I encourage the reader to review these new items and all of our products and services on our very informative websites at www.4-way.com and www.smart-way.com. Product videos are available for viewing at www.youtube.com/user/4wayequip, www.youtube.com/user/smartwaydisposal and on facebook at www.facebook.com/pages/4-way-Equipment-Rentals/127248383969251 and www.facebook.com/pages/Smart-Way-Disposal-and-Recycling-Ltd/140290715983032. You can also twitter us at http://twitter.com/4wayequipment and http://twitter.com/Trashmannn."
Certain statements contained in this press release constitute "forward-looking statements" under applicable securities laws. These statements relate to future events or future performance and are based on the Partnership's current expectations, estimates, projections, assumptions and beliefs. Although the Partnership believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Accordingly, undue reliance should not be placed on these forward-looking statements. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking statements. In particular, but without limiting the foregoing, this press release contains forward-looking information pertaining to the anticipated completion of the Reorganization. All such forward-looking statements involve known and unknown risks and uncertainties, certain of which are beyond the control of the Partnership. The forward-looking statements contained in this press release are made as of the date hereof and the Partnership does not intend, and does not assume any obligation, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
CERF LP is an Alberta limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERF LP trades on the TSX Venture Exchange under the symbol "CFL.UN" and has 8,640,906 Units issued and outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
|Wayne Wadley, President and CEO||Ken Stephens, CFO|
|CERF GP Corp., general partner of CERF LP||CERF GP Corp., general partner of CERF LP|
|Telephone: (403) 850-4095||Telephone: (403) 281-1042|
|Fax: (403) 238-2720|
|E-mail: email@example.com||E-mail: firstname.lastname@example.org|