Raser Announces Filing of Universal Shelf Registration

PROVO, Utah--(Business Wire)--
Raser Technologies, Inc. (NYSE: RZ), a leading energy technology company, today
announced that it has filed a universal shelf registration statement with the
Securities and Exchange Commission, which, upon being declared effective, will
permit the company, from time to time, to offer and sell various types of
securities, up to a value of $150 million.

The company filed the registration statement to gain additional flexibility in
accessing capital markets for advancing its development efforts and for general
corporate purposes.

Brent M. Cook, CEO of Raser, said, "This shelf registration represents a
practical and efficient way to access the capital markets. The registration
statement will give us the flexibility to issue public debt, preferred stock,
common stock or a combination of these instruments in one or more future public
offerings. This is consistent with our overall financing strategy of positioning
the company to take advantage of various alternative financing opportunities,
including joint ventures, pre-paid power purchase agreements and current
government alternative energy financing programs."

Securities may not be sold nor may offers to buy be accepted prior to the time
that the registration statement becomes effective. This news release does not
constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of the securities in any state in which such offer,
solicitation, or sale would be unlawful prior to registration or qualification
of the securities under the securities laws of that state.

About Raser Technologies

Raser (NYSE: RZ) is an environmental energy technology company focused on
geothermal power development and technology licensing. Raser`s Power Systems
segment is seeking to develop clean, renewable geothermal electric power plants
and bottom-cycling operations, incorporating licensed heat transfer technology
and Raser`s Symetron technology developed internally by its Transportation and
Industrial segment. Raser`s Transportation & Industrial segment focuses on
extended-range plug-in-hybrid vehicle solutions and using Raser`s award-winning
Symetron technology to improve the torque density and efficiency of the electric
motors and drive systems used in electric and hybrid-electric vehicle
powertrains and industrial applications. Further information on Raser may be
found at: www.rasertech.com.

Raser Technologies, Inc.
Issa Arnita, 801-765-1200
Investor Relations
investorrelations@rasertech.com
or
Hayden IR
Cameron Donahue, 651-653-1854
cameron@haydenir.com

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