Erratum : Squeezing and entanglement delay using slow light

An inconsistency was found in the equations used to calculate the variance of the quadrature fluctuations of a field propagating through a medium demonstrating electromagnetically induced transparency (EIT). The decoherence term used in our original paper introduces inconsistency under weak probe approximation. In this erratum we give the Bloch equations with the correct dephasing terms. The conclusions of the original paper remain the same. Both entanglement and squeezing can be delayed and preserved using EIT without adding noise when the decoherence rate is small.