Offsetters Climate Solutions Inc.
TSX VENTURE : COO
FRANKFURT : 9EA

Offsetters Climate Solutions Inc.

September 19, 2013 09:00 ET

Offsetters Reaffirms Partnership with Canadian Olympic Committee as its Official Carbon Partner

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2013) - Offsetters Climate Solutions Inc. (TSX VENTURE:COO)(FRANKFURT:9EA) ("OCS" or the "Company") is pleased to announce that it has reaffirmed its partnership with the Canadian Olympic Committee ("COC") as its Official Carbon Partner - a partnership that will last through to the Rio 2016 Olympic Games. Offsetters' strategic partnership and four year commitment with the COC on the Canadian Olympic Team's carbon footprint is leading the way among National Olympic Committees.

As the Official Carbon Partner to the COC, Offsetters will lead an effort to assess and offset the COC's organizational footprint, as well as the travel emissions of athletes, equipment, coaches, board members and mission staff. This will include offsetting every team member's travel footprint to the Sochi 2014 Olympic and Paralympic Winter Games, and the Rio de Janeiro 2016 Olympic and Paralympic Summer Games. Emissions will be retired using a high quality portfolio of offsets derived from Canadian and international carbon projects that reflect the global nature of the games.

"By measuring and offsetting the carbon emissions of the high profile athletes and trainers of our Canadian team, we hope to educate, engage and inspire all Canadians to follow our lead and take action on climate change," said James Tansey, CEO and Founder of Offsetters.

In addition, Offsetters will work with the COC and its partners to measure and reduce their climate impact at future international sporting events. This integrated partnership is helping to set a new standard for sustainable stewardship and carbon offsetting at large-scale events, in turn expanding the climate impact management beyond just the Canadian Olympic Committee's efforts.

In 2010, Offsetters set a new global standard for sustainable sport by offsetting the Vancouver 2010 Olympic and Paralympic Winter Games to become the first ever carbon neutral Olympic Games. Offsetters continued this legacy of carbon neutrality and also offset the Canadian Olympic team's emissions to London in 2012.

The ongoing strategic partnership between Offsetters and the COC helps promote the shift to a low carbon future as well as build a greater understanding of the link between sport and the environment. The COC considers its climate action and sustainability commitments to be an important aspect of its mandate to provide a high level of ethical service to the sport community, partners and athletes, and also to be a best-in-class organization that will inspire both corporate partners and other National Olympic Committees to take action on climate change.

James Tansey, Ph.D., President and CEO

Offsetters Climate Solutions Inc.

About Offsetters Climate Solutions Inc.

Offsetters is Canada's largest and most diversified carbon management solutions company. Its team of industry leaders specializes in the origination, development and commercialization of high-quality carbon offset projects, and through a comprehensive offering of sustainability consultancy services Offsetters helps organizations understand, reduce and offset their climate impact. A merger of ERA Carbon Offsets and Offsetters, Offsetters is based in Vancouver, Canada and has worked with over 150 of the world's most prestigious organizations including Aimia, Vancity, lululemon athletica, Catalyst Paper, Harbour Air, HSE - Entega, and Shell Canada Limited. Offsetters is publicly listed company on the Toronto Venture Exchange (TSX VENTURE:COO) and in Frankfurt (FRANKFURT:9EA). For more information, please visit us at www.offsetters.ca.

FORWARD-LOOKING STATEMENTS: Certain of the statements and information in this news release may constitute "forward-looking information" within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements. When used in this news release the words "anticipate", "believes", "estimates", "expects", "intends", "may", "project", "plan", "should", "forecast", "outlook", "budget", "anticipated", "future", "potential" and similar words and expressions may identify forward-looking statements or information. The statements in this news release reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, known and unknown, could cause actual results, performance or achievements to be materially different from results, performance or achievements anticipated by management.

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