OAKLEAF Invests In Canadian Company Wasteless Environmental Services, Inc.

EAST HARTFORD, CT (November 22, 2004)

 

OAKLEAF Waste Management the fastest growing waste management solutions company in the U. S., announced today it has taken an equity position in WasteLess Environmental Services, the largest full-service waste brokerage and waste reduction company in Canada. The announcement was made by OAKLEAF President and CEO Jim Barnes.

 

Founded in 1992, WasteLess Environmental Services conducts waste audits and provides waste management consulting services, in addition to brokering waste hauling services and leasing equipment to 300 commercial customers located across Canada. WasteLess has offices in four cities including Calgary, Edmonton, Toronto and Vancouver.

 

Paul Thiessen, WasteLess's president and co-founder will remain as its president and has joined OAKLEAF's advisory board. "This investment makes perfect sense, since we have a similar market model," noted Thiessen. Ronald Thiessen co-founder will also continue in the same capacity at WasteLess.

 

Founded in 1995, OAKLEAF Waste Management is an international waste management services firm providing out-sourced solutions to a broad base of multi-location retail, restaurant, hotel, manufacturing and property management clients. OAKLEAF now has 70,000 locations under management and ranked 10th on the 2004 ICIC/Inc. Magazine "Inner City 100." It has been listed in Inc. Magazine's "Inc. 500" for the past three years. OAKLEAF now has over 380 employees, with 2004 revenues approaching $200 million. For information visit: www.oakleafwaste.com.