ENT Entrec Corporation

ENTREC Corporation (TSX VENTURE:ENT) ("ENTREC") is pleased to announce it has
acquired the business and assets of Taylor Crane Service, Inc. ("TAYLOR CRANE"),
effective December 31, 2012. Located right in the heart of the Bakken oil
formation, Taylor Crane is based in Dickinson, North Dakota and operates a fleet
of seven cranes, including all-terrain, carry decks, and hydraulic truck mounted
cranes. The equipment fleet also includes several trailers and other support
equipment used to support its crane operations. 


"The acquisition of TAYLOR CRANE, combined with our current operations in the
Bakken, will provide us with the scale we need to better compete and grow our
business in this region," comments John M. Stevens, ENTREC's President and COO.
"We are very pleased to welcome Terry Taylor and his employees to the ENTREC
family".


The aggregate consideration paid for the business and assets of Taylor Crane
consisted of (i) the issuance of 1,000,000 common shares of ENTREC issued at a
deemed price of $1.53 per share; and (ii) $4,300,000 USD in cash. The purchase
agreement also contains a "due diligence" clause whereby ENTREC has up to 31
days following closing to complete additional due diligence on TAYLOR CRANE.
Upon the expiry of the 31 day period, should ENTREC not be satisfied with the
results of its remaining due diligence, ENTREC has the option to sell back the
business and assets of TAYLOR CRANE to the vendor on the same terms and
conditions contained in the purchase agreement. 


During the twelve month period ended December 31, 2012, ENTREC estimates that
TAYLOR CRANE generated normalized earnings before interest, taxes, depreciation
and amortization ("EBITDA") of $1.7 million. 


About ENTREC

ENTREC specializes in the lifting, transportation (over the road and on-site),
loading, off-loading and setting of overweight and oversized cargo for the oil
and gas, construction, petrochemical, mining and power generation industries.
The common shares of ENTREC trade on the TSX Venture Exchange under the trading
symbol "ENT". 


Forward-looking statements

This press release contains forward-looking statements that reflect ENTREC's
current beliefs and that are based on information currently available to ENTREC.
These statements require ENTREC to make assumptions it believes are reasonable
but, as a result of such assumptions, such forward-looking statements are
subject to inherent risks and uncertainties. Actual results and developments may
differ materially from the results and developments discussed in the
forward-looking statements as certain of these risks and uncertainties are
beyond ENTREC's control. 


Examples of such forward-looking statements in this press release relate to, but
are not limited to, (i) ENTREC's expectation that the TAYLOR CRANE acquisition
will satisfy its remaining due diligence review; and (ii) the acquisition of
Taylor Crane, combined with ENTREC's current operations in the Bakken, will
provide ENTREC with the scale it needs to better compete and grow its business
in that region. These forward-looking statements rely on certain expectations
and assumptions, including, among others, (i) the results of ENTREC's due
diligence review of the business acquired being satisfactory, and (ii) TAYLOR
CRANE meeting or exceeding ENTREC's internal revenue, net income, and cash flow
forecasts for that business in the future. 


Although ENTREC believes that the expectations and assumptions on which such
forward-looking statements are based are reasonable, undue reliance should not
be placed on the forward-looking statements because ENTREC can give no assurance
that they will prove to be correct. The results of the due diligence review on
the business acquired by ENTREC may be less than satisfactory, and the acquired
business may not achieve ENTREC's initial expectations for future revenue, net
income and cash flow. Readers are cautioned not to place undue reliance on these
forward-looking statements, which are given as of the date hereof, and to not
use such forward-looking statements for anything other than their intended
purpose. ENTREC undertakes no obligation to update publicly or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
ENTREC Corporation
Rod Marlin
Chairman & CEO
(780) 960-5647


ENTREC Corporation
John M. Stevens
President & COO
(780) 960-5625


ENTREC Corporation
Jason Vandenberg
CFO
(780) 960-5630

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