ERA Carbon Offsets Ltd.
TSX VENTURE : ESR

ERA Carbon Offsets Ltd.

January 06, 2011 12:00 ET

ERA Carbon Offsets Ltd. Announces Mr. Steve Baczko as Director of Commercialization

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 6, 2011) - ERA Carbon Offsets Ltd. (TSX VENTURE:ESR) is pleased to announce that Mr. Steve Baczko has joined the Company as Director of Commercialization.

Steve Baczko brings to ERA over ten years of management, strategic consulting and business development experience working in emerging markets, sustainability, international development and entrepreneurial ventures both in the private and NGO sectors.

Mr. Baczko has led growth oriented ventures focusing on strategic planning, operations, marketing, and business development, particularly in corporate carbon management and strategies.

Before joining ERA, Mr. Baczko was Head of North America Voluntary and New Markets for EcoSecurities where he was responsible for managing business development and strategic marketing for voluntary and pre-compliance carbon markets. While in this position, Mr. Baczko successfully built a portfolio of Fortune 500 clients and strategic partners. He also spearheaded the development of new products and services within the international carbon markets.

Mr. Baczko's international career started in Vietnam where he worked as Commercial Director for a mass-market manufacturer and exporter of natural fiber products principally for IKEA. Following this, Mr. Baczko worked at the International Finance Corporation (IFC), the private investment arm of the World Bank. While at the IFC, Mr. Baczko was part of a start-up team that launched the Grassroots Business Initiative, providing financing, technical assistance and marketing services to sustainable enterprises throughout the developing world.

Born in Montclair, New Jersey Mr. Baczko earned a Bachelor's Degree from Georgetown University in Washington, DC. Mr. Bazcko will be based in Portland, Oregon where he will lead ERA's North American market expansion efforts targeting pre-compliance and voluntary markets.

Dr. Robert Falls, ERA's Chief Executive Officer, commented: "We are privileged and excited to have Steve join our company at this juncture. As CSR and pre-compliant markets continue to develop, Steve's strong foundations and established networks in the carbon offset space will be of great value. The company's growing inventory of innovative and high quality projects will ensure that Steve has a strong and diverse portfolio of carbon offset products to offer the industry."

About ERA Carbon Offsets Ltd.

ERA is a Canadian pioneer in forest restoration and conservation carbon offset projects. The company's Community Ecosystem Restoration Program located in the Lower Fraser Valley, British Columbia, began in 2005 in the District of Maple Ridge, and has grown to include five communities including Metro Vancouver. ERA has delivered over 1,000,000 tonnes of carbon offsets to the voluntary market and is engaged in forest carbon projects in Canada, Africa, New Zealand and the Hawaiian Islands to supply the North American and the international voluntary and pre-compliant markets. ERA's clients and product users include Air Canada, Catalyst Paper, HSE – Entega, Rolling Stone Magazine, Shell Canada Limited, The Forest Carbon Group AG, and The Globe Foundation of Canada. ERA's carbon offsets are being validated to the ISO 14064, CCBA, PFSI-VER and VCS standards.

Additional information on ERA can be found on the corporate website www.eracarbonoffsets.com or by contacting investor@eracarbonoffsets.com.

On behalf of the Board of Directors of ERA CARBON OFFSETS LTD.

Robert Falls, Chief Executive Officer

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of forest-based carbon offsets. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although ERA Carbon Offsets Ltd. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include fluctuations in the marketplace for the sale of carbon credits, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

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.

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