ERA Carbon Offsets Ltd. Appoints Ubika Corporation for

ERA Carbon Offsets Ltd. Appoints Ubika Corporation for Research and
Capital Markets Exposure Program 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/11/13 -- ERA Carbon
Offsets Ltd. ("ERA" or the "Company") (TSX VENTURE:ESR) is pleased to
announce that it has retained the services of the Ubika Corporation,
based in Toronto, Ontario, to undertake a comprehensive research,
communications and capital markets exposure program for the company.
Ubika will utilize its network of brokers, retail advisors, analysts
and investors to increase the profile and knowledge of the Company
within the investment community. Additionally, Ubika will draft a
full research report on the Company which will be made publicly
available upon completion. Vikas Ranjan, the co-founder and principal
of Ubika Corporation will be the person providing investor exposure
and other services to the Company. Mr. Ranjan and Ubika Corporation
have been engaged in providing investor exposure services for the
last 5 years to a variety of publically traded Canadian companies. 
Ubika's engagement will extend for a period of 6 months, commencing
in the first quarter of 2013. The engagement will be subject to
automatic renewals following its term expiry date six months from
commencement, unless ERA or Ubika elects to terminate the engagement,
providing the other party with at least 30 days of advance notice.  
As consideration for Ubika's services, ERA will pay a monthly fee of
$6,500 (for a total of $39,000 over six months) and will grant to
Ubika stock options to acquire up to 150,000 common shares of the
Company. 75,000 options were granted upon signing of the engagement
letter, which will have an exercise price of $0.21 per share for a
period of 5 years. An additional 75,000 options will be granted on or
before March 30, 2013, at an exercise price determined by ERA's most
recent closing share price at the time of issuing those options.
Ubika is at arm's length to the Company and holds no other securities
of the Company. 
The Company also wishes to announce that it has granted, to
Directors, officers, employees and consultants, a total of 1,400,000
incentive stock options at an exercise price of $0.21 exercisable for
a period of five (5) years. The Company announced on November 8, 2012
that it had set aside these options to be granted in the future. 
Dr. James Tansey, CEO of ERA states, "We are pleased to be working
with the team at Ubika, and look forward to building our
relationships with the investment community across North America. We
believe the story of ERA and the business opportunity will resonate
with investors and capital markets alike, and we expect Ubika will
help us deliver that message effectively." 
James Tansey, Ph.D., President and CEO 
ERA Carbon Offsets Ltd. 
About Ubika Corporation 
Ubika Research and Ubika Communications offer comprehensive research,
communication and capital market exposure programs to highlight
investment potential in promising small cap market companies. Based
in Toronto, Ubika has a proven track record of identifying and
launching coverage of high potential small cap stocks at an early
stage, by undertaking comprehensive research of the company at the
outset, and directing it to appropriate actors within the capital
markets and investment community. Additionally, Ubika hosts an online
portal for companies profiled at www.smallcappower.com. 
About ERA Carbon Offsets Ltd. 
As Canada's largest and most diversified carbon management solutions
company, ERA Carbon Offsets Ltd. helps organizations understand,
reduce and offset their climate impact. Its team of industry leaders
specializes in the origination, development and commercialization of
high-quality carbon offset projects and is proud to also provide
clients with a comprehensive offering of sustainability consultancy
services. A merger of ERA Carbon Offsets and Offsetters, ERA Carbon
Offsets Ltd. 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. ERA is publicly listed company on
the Toronto Venture Exchange (TSX VENTURE:ESR) and in Frankfurt:9EA.
For more information, please visit us at www.eraecosystems.com and
www.offsetters.ca.  
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. 
Contacts:
ERA Carbon Offsets Ltd.
David Rokoss
604-973-6512
david.rokoss@eraecosystems.com
www.eraecosystems.com / www.offsetters.ca