Raser Technologies to Report 2009 Third Quarter Financial Results on November 9, 2009

Conference Call Scheduled for 5:00 p.m. ET
PROVO, Utah--(Business Wire)--
Raser Technologies, Inc. (NYSE:RZ), an energy technology company, announced
today that management will report its 2009 third quarter financial results after
the market close on Monday, November 9, 2009. Management will then host a
conference call to discuss the results with the investment community:

Time: 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time)

Date: November 9, 2009

Dial-in (investors): 877-407-0784 (domestic US) or 201-689-8560
(internationally)

Live Webcast http://www.talkpoint.com/viewer/starthere.asp?Pres=128475 or
www.rasertech.com.

During the conference call, management will provide an update highlighting:

* Progress on bringing Thermo No. 1 to full production capacity of 10MW
* The restructuring of Thermo No. 1 financing
* Progress finalizing Prepaid PPA with SCPPA
* Alternative funding sources
* PHEV Update

A replay will be available until November 16, 2009, which can be accessed by
dialing 877-660-6853 if calling within the United States or 201-612-7415 if
calling internationally. Please enter account #3055 and conference ID #336145 to
access the replay.

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
Investor Relations
801-765-1200
investorrelations@rasertech.com
or
Hayden IR
Cameron Donahue
651-653-1854
cameron@haydenir.com

Copyright Business Wire 2009