Raser Technologies

Press Releases

Raser Technologies Invites Governors To Take A Spin In Electric Hummer

Jun 11th, 2009  

As Part of the Western Governors’ Association Annual Meeting, Governors will test Raser’s recently unveiled Plug-in Hybrid Electric Vehicle (PHEV) Updated: See Gallery of the Event PROVO, UT, June 11, 2009 — Raser Technologies, Inc. announced today it will showcase its plug-in hybrid electric vehicle, the Electric Hummer H3E, at the Western Governors’ Association Annual Meeting [...]



U.S. Department Of Energy Clears Raser Application For Loan Guarantee Program To Proceed

Jun 9th, 2009  

Raser Technologies moves one step closer to receiving loan guarantees from the Department of Energy   Provo, UT, June 9, 2009 –Raser Technologies, Inc., a leading energy technology company, announced today that the Department of Energy (DOE) has notified the company that its loan guarantee application has been approved to proceed to the next stage [...]



Raser Announces Filing Of Universal Shelf Registration

Jun 2nd, 2009  

PROVO, UT, June 1, 2009 — Raser Technologies, Inc. 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 [...]



Governor Arnold Schwarzenegger To Showcase Raser’s Electric Hummer H3 In A Demonstration Drive At The California State Capitol

May 28th, 2009  

New Plug-in Electric Vehicle Technology Could Allow America’s Top Selling Vehicles to Run Primarily on Electricity, Dramatically Reducing Emissions and Gas Consumption Updated: See Gallery of Governor Schwarzenegger at the California Capitol with the Electric Hummer SACRAMENTO, CA May 28, 2009-Raser Technologies, Inc., a leading energy technology company, will join with California Governor Arnold Schwarzenegger [...]



Raser Announces Stockholder Meeting Date

May 26th, 2009  

PROVO, UT, May 26, 2009 — Raser Technologies, Inc. today announced that it will hold its 2009 annual meeting of stockholders on June 25, 2009 for stockholders of record as of May 15, 2009. The meeting will be held at 2:30 p.m. at the Provo Marriott Hotel and Conference Center, 101 West 100 North, Provo, Utah. [...]



Raser Technologies To Demonstrate 100 MPG Hummer Extended-Range Electric Vehicle To Members Of U.S. Congress, 2 pm, May 20

May 19th, 2009  

New Plug-in Electric Vehicle Technology for Popular Trucks & SUVs Could Drive Comeback for U.S. Automakers Delivering 100 mpg in a Hummer H3 Update: See Gallery of 100 mpg Hummer on Capitol Hill WASHINGTON DC, May 19, 2009-Raser Technologies, Inc., a leading energy technology company, announced today that its 100 MPG Electric Hummer H3 will [...]



Raser Technologies’ Plant Named Geothermal Power Plant Of The Year

May 15th, 2009  

Company Recognized as Alternative Energy – Geothermal Plant of the Year for Key Technologies and Developments for Power Generation Plants Provo, UT, May 14, 2009 –Raser Technologies, Inc., a leading energy technology company, announced today that its first geothermal power plant was recognized as the Alternative Energy – Geothermal “Power Plant of the Year” at [...]



Raser Technologies to Present at the Eighth Annual JMP Securities Research Conference and the 2009 RBC Capital Markets Global Energy & Power Conference

May 15th, 2009  

Provo, UT, May 14, 2009 –Raser Technologies, Inc., announced today that Martin F. Petersen, CFO, will present at the following upcoming investor conference: What:   The Eighth Annual JMP Securities Research Conference, May 18 – 20, 2009 Where:  The Ritz-Carlton, San Francisco                600 Stockton Street, San Francisco, CA 94108 Presentation: May 19, 2009 Time:  1 p.m. PT Webcast [...]



Raser Technologies, Inc. Announces First Quarter Financial Results

Raser Technologies, Inc. Announces First Quarter Financial Results

May 11th, 2009  

Management will host a conference call at 11 a.m. Eastern Time on May 12, 2009 to discuss the results with the investment community. A replay will be available until May 19, 2009, which can be accessed by dialing 303-590-3030. Please use passcode 4072524 to access the replay.



Raser Technologies, Inc. Will Report 2009 First Quarter Financial Results on May 12, 2009

May 8th, 2009  

Conference Call Scheduled for 11 a.m. ET PROVO, Utah–Raser Technologies, Inc. (NYSE: RZ), a leading energy technology company, today announced that management will announce its 2009 first quarter financial results before the market open on Tuesday, May 12, 2009. Management will then host a conference call to discuss the results with the investment community: Time: [...]



Raser Technologies Rings Opening Bell at New York Stock Exchange

Raser Technologies Rings Opening Bell at New York Stock Exchange

May 1st, 2009  

Raser’s 100+ MPG Hummer H3 is Showcased on Wall Street PROVO, Utah–(BUSINESS WIRE)–Raser Technologies, Inc. (NYSE: RZ), a leading energy technology company, was invited by the New York Stock Exchange (NYSE) to ring The Opening BellSM at the NYSE today commemorating Raser’s recent listing on the “Big Board” where it began trading in December 2008. [...]



Raser Technologies to Ring Opening Bell at NYSE

Apr 28th, 2009  

Raser Technologies, Inc., a leading energy technology company, announced today that it will ring The Opening BellSM at the New York Stock Exchange (NYSE) on Friday May 1, 2009 commemorating its listing on the Big Board where Raser recently began trading in December 2008. The Opening Bell will take place at 9:30 a.m. Eastern time [...]



Utah Governor Jon Huntsman Signs Key Renewable Energy Legislation at Raser’s Geothermal Plant

Utah Governor Jon Huntsman Signs Key Renewable Energy Legislation at Raser’s Geothermal Plant

Apr 23rd, 2009  

New Legislation Will Promote Renewable Energy Development in Utah and Create a Blueprint for Other States Provo, UT, April 23, 2009 -Raser Technologies, Inc. (NYSE: RZ), a leading energy technology company, celebrated Earth Week with Utah’s Governor Jon Huntsman at Raser’s Hatch geothermal power plant near Thermo, UT, and ceremonially signed two important renewable energy [...]



Raser Technologies Hosts Utah Governor Jon Huntsman at New Geothermal Power Plant to Sign Renewable Energy Bills

Raser Technologies Hosts Utah Governor Jon Huntsman at New Geothermal Power Plant to Sign Renewable Energy Bills

Apr 20th, 2009  

New Legislation Will Promote Renewable Energy Development in Utah and Create a Blueprint for Other States PROVO, Utah–Raser Technologies, Inc. (NYSE: RZ – News), a leading energy technology company, announced today that Utah’s Governor Jon Huntsman visited Raser’s Hatch geothermal power plant near Thermo, Utah, as part of a tour of Utah’s Renewable Energy Zone, [...]



Raser Technologies UNVEILS 100+ MPG PLUG-IN HYBRID Hummer at THE SAE World Congress IN DETROIT

Apr 20th, 2009  

Technology in New Electric Hummer Could Drive Bold Leap Ahead for U.S. Automakers, Making Popular Trucks & SUVs ‘Greener Than a Prius’ Detroit, MI – April 20, 2009,- Raser Technologies, Inc. (NYSE: RZ) today unveiled a 100+ mpg Hummer H3 powered by Raser’s plug-in hybrid E-REV (Extended-Range Electric Vehicle) at the 2009 SAE International World [...]



Raser Begins Delivering Power to Anaheim, Califorina

Raser Begins Delivering Power to Anaheim, Califorina

Apr 16th, 2009  

Raser Technologies, Inc. (NYSE:RZ – News), a leader in energy technologies, announced that the Hatch Geothermal Power Plant, Beaver County, UT, began delivering clean, renewable electricity to the City of Anaheim, California today.



Raser Technologies Obtains Deposit Refund of $7 Million Through Restructure of UTC Purchase Agreements

Apr 16th, 2009  

PROVO, Utah–(BUSINESS WIRE)–Raser Technologies, Inc. (NYSE: RZ – News), a leading energy technology company, announced today that it has restructured its purchase agreements with subsidiaries of United Technologies Corp. (NYSE: UTX – News). As part of the restructured agreements, Raser obtained a refund of more than $7 million that had previously been deposited in connection [...]



Raser To Unveil 100 MPG SUV At SAE World Congress In Detroit

Apr 8th, 2009  

 E-REV Powertrain by Raser Technologies Allows Full Size SUVs & Light Trucks to Achieve over 100 mpg. Demonstration Vehicle now in Road Testing. PROVO, UT, April 8, 2009 — Raser Technologies, Inc.  announced today it will unveil a 100+ mpg SUV at the Society of Automotive Engineers (SAE) World Congress in Detroit, Michigan April 20-23, [...]



Raser Technologies And Copper King Mining Sign Geothermal Lease Agreement For Up To 75,000 Acres

Mar 26th, 2009  

PROVO, UT, March 25, 2009 — Raser Technologies, Inc.  and Copper King Mining Corporation (Pink Sheets: CPRK) announced today that they have entered into a geothermal lease agreement covering interests in certain private, state and federal lands in southwestern Utah. The terms of the lease agreement were not specified. The lease covers properties in Copper [...]



Raser Technologies to Participate in the Geothermal Innovations and Investment Conference

Mar 23rd, 2009  

PROVO, UT, March 20, 2009 — Raser Technologies, Inc. announced today that Brent M. Cook, the Company’s CEO is scheduled to present at the Geothermal Innovation & Investment conference at 2:00 PM PDT on March 25, 2009, held at Le Meridian in San Francisco, California. Mr. Cook will be discussing low temperature resource exploitation and [...]



Raser Technologies, Inc. Announces Forth Quarter Financial Results

Mar 18th, 2009  

Provo, Utah, March 18, 2009 — Raser Technologies, Inc. a leader in energy technologies, today announced financial results for the fourth quarter and year ended December 31, 2008 and provided an update on its progress in executing its strategic business plan.   Financial Results Revenue for the fourth quarter was $5,880, a decrease from $117,860 in [...]



Raser Technologies Introduces Ben Barker As Its New Vp Of Resource Management

Mar 12th, 2009  

PROVO, UT, March 12, 2009 — Raser Technologies, Inc. introduced today Benjamin J. Barker as the Company’s latest addition to its talented leadership team. Ben Barker is Raser’s Vice President of Resource Management and will direct the Company’s efforts to identify, develop and manage its geothermal resources. Ben Barker has worked in the geothermal industry [...]



Raser Technologies To Participate In Merrill Lynch’s Cleantech Leaders Conference

Mar 11th, 2009  

PROVO, UT, March 6, 2009 — Raser Technologies, Inc. announced today that Kraig Higginson, the Company’s Chairman is scheduled to present at the Merrill Lynch Cleantech Leaders conference at 3:00 PM EDT on March 11, 2009, held at 4 World Financial Center in New York City. Merrill Lynch’s Cleantech Leaders conference is a multi-sector conference [...]



Raser Technologies Completes Final Preparations To Begin Delivering Power To The City Of Anaheim

Mar 5th, 2009  

PROVO, UTAH–Raser Technologies, Inc., a leader in geothermal power generation announced today that it has completed final preparations needed to transmit power to the city of Anaheim beginning as early as next week. The commissioning date was extended while the local utility in Utah completed the installation of the SCADA equipment needed to monitor transmissions [...]



Raser Technologies is Named One of 50 ‘Most Innovative Companies’ by ‘Fast Company Magazine’

Feb 17th, 2009  

PROVO, Utah–Raser Technologies, Inc. (NYSE: RZ – News), a leader in geothermal power generation, today reported that Fast Company magazine chose it as one of the fifty “most innovative companies” for 2009 in its annual selection of the Fast Company 50. In describing how the Fast Company 50 was selected, Editor Robert Safian said, “Each [...]



Raser Technologies To Participate In Upcoming Investor Conferences

Feb 5th, 2009  

PROVO, UT, February 5, 2009 — Raser Technologies, Inc. announced today that management is scheduled to present at the following upcoming investor conferences: Southwest Securities Investor Conference on February 12 at the Hotel Crescent Court, Dallas. This conference is scheduling one-on-one meetings and those interested in meeting directly with management should contact Brian Luter directly [...]



Raser Technologies Announces Video News Update On Its Phev Project

Feb 5th, 2009  

Provo, Utah – February 5, 2009 – Raser Technologies, Inc. announced that it released today a video news report updating shareholders and the public on its progress to complete the full-sized SUV plug-in hybrid electric (PHEV) demonstration vehicle incorporating the Company’s Symetron technologies. The Company, working in conjunction with FEV and a yet to be [...]



Raser Significantly adds to its Oregon Geothermal Resource Holdings with 37,000 acres

Feb 3rd, 2009  

PROVO, UT, February 3, 2009 — Raser Technologies, Inc. announced today that it has entered into a long-term lease agreement with private land owners covering 37,000 acres of geothermal resources in Southeastern Oregon. The terms of the lease agreement were not specified, but include surface and other rights necessary to build geothermal power plants. The [...]



Raser Signs $15 Million Line Of Credit Agreement

Jan 30th, 2009  

Provo, Utah, January 30, 2008 — Raser Technologies, Inc. announced today the signing of a line of credit agreement, pursuant to which Raser may borrow up to $15 million. Raser signed the credit agreement with a syndicate of four lenders, including an entity controlled by the Company’s Chairman, Kraig Higginson. The Company obtained the line [...]



Raser Technologies To Assist State Of Utah And Salt Lake City As Geothermal Energy Generation Is Considered

Jan 15th, 2009  

SALT LAKE CITY, Utah, January 15, 2009 — Raser Technologies, a Utah-based geothermal development company, will help provide research assistance as Salt Lake City and the State of Utah consider the viability of low-temperature geothermal electrical generation. The effort is part of the recent announcement by the City to develop geothermal projects to help meet [...]