Speeches from Ribbon Cutting Ceremony at Thermo Power Plant
Thursday, November 6, 2008 | Category: Geothermal Multimedia, Videos | PrintBrent Cook
CEO, Raser Technologies
“Special Thanks” (1:57 min)
http://www.rasertech.com/media/movies/html/thermo_brent_thanks.flv
“National studies show that up to 1/3 of the country’s electrical needs could be provided from [low temperature] geothermal renewable sources. That would reduce CO2 by 1.8 billion tons per year. We believe that this type of renewable energy is vital to the health of our environment and in meeting the ever growing demands for electricity.”
– Brent C. Cook, CEO, Raser Technologies, Inc.
Senator Orrin Hatch
US Senator, UT
(5:06 min)
http://www.rasertech.com/media/movies/html/thermo_hatch.flv
“God bless all of you, and God bless this project. It’s going to be expanded exponentially and it’s going to benefit millions of people in the end, and may be providing one of the main answers to energy needs in our society.”
-Senator Orrin B. Hatch
Gary Herbert
Lt. Governor, Utah
(8:45 min)
http://www.rasertech.com/media/movies/html/thermo_ltgov.flv
“This is a new beginning, and the end result is going to be something very significant that we can look back on with some pride and say. ‘I was a part of this in the beginning, in creating more energy and a cleaner environment, that’s made not only Utah better, but America better, and hopefully the world.’”
– Gary Herbert, Lt. Governor, State of Utah
Brent Cook CEO, Raser Technologies “Speech”
(5:41 min)
http://www.rasertech.com/media/movies/html/thermo_brent.flv
Patrick Delow
Merrill Lynch
(1:14 min)
http://www.rasertech.com/media/movies/html/thermo_delow.flv
“The funding of Thermo, especially in these times, highlights the commitment of Merrill Lynch.”
-Patrick Delow, Merrill Lynch
John Fox
General Manager, UTC Power
(5:23 min)
http://www.rasertech.com/media/movies/html/thermo_fox.flv
“Geothermal is a sleeping giant. We have a lot of resources right under our feet, and we can supply that power 24/7.”
-John Fox, General Manager, UTC-Power
Michael Hayter
Director of Geothermal Development, Raser Technologies
(8:21 min) http://www.rasertech.com/media/movies/html/thermo_haeter.flv
Brent Cook
CEO, Raser Technologies “Close” (1:44 min)
(8:21 min) http://www.rasertech.com/media/movies/html/thermo_brent_close.flv
Cautionary Note Regarding Forward-Looking Statements
This video release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: Raser’s beliefs about the potential for geothermal power generation on our leased properties and its qualification for certain federal tax credits; our beliefs about our ability to exploit the available geothermal resources; our beliefs about the expected timing relating to the developments of our geothermal power projects; our beliefs about our ability to construct power plants; our beliefs about the strength and enforceability of our agreements; our beliefs about the ability of the parties to meet the conditions imposed in the funding agreements; our beliefs about our ability to utilize our technology and other available technologies to produce electric power from the available resources; our beliefs about our ability to secure the equipment and services, on acceptable terms, required to complete our power projects; our ability to attract alliance, monetization or financial partners for the power projects we intend to develop; our beliefs about our ability to successfully conclude contract negotiations with our financing partners on acceptable terms; our beliefs in the ongoing financial stability of our financing partners; our beliefs that the conditions necessary to fund the development of our geothermal projects can be satisfied; and our beliefs about the geothermal market generally. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; the strength of our intellectual property; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended June 30, 2008, as filed with the Securities and Exchange Commission, and all subsequent filings. All forward-looking statements in these media presentations are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of these presentations.