Cautionary Note Regarding Forward-Looking Statements
This video 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 preliminary drilling results; Raser’s beliefs about the potential for geothermal power generation on Raser’s leased properties; Raser’s beliefs about its ability to exploit the available geothermal resources; Raser’s beliefs about the expected timing relating to the development and completion of its geothermal power projects; Raser’s beliefs about its ability to obtain adequate development funding; Raser’s beliefs about its ability to utilize its technology and other available technologies to produce electric power from the available resources; Raser’s beliefs about the geothermal market in general; Raser’s beliefs about its qualification for certain federal tax credits or other government funding programs, and its ability to meet the requirements of the DOE due diligence process; Raser’s beliefs about its ability to construct power plants; Raser’s beliefs about the strength and enforceability of its agreements; Raser’s beliefs about the ability of the parties to meet the conditions imposed in the funding agreements; Raser’s beliefs about its ability to secure the equipment and services, on acceptable terms, required to complete its power projects; Raser’s ability to attract alliance, monetization or financial partners for the power projects it intends to develop; Raser’s beliefs about its ability to successfully conclude contract negotiations with its financing partners on acceptable terms; Raser’s beliefs in the ongoing financial stability of its financing partners; Raser’s beliefs that the conditions necessary to fund the development of Raser’s geothermal projects can be satisfied; Raser’s beliefs about the economic benefits of contemplated financing structures; Raser’s beliefs regarding the revenues and costs associated with a normalized geothermal power plant including the development and management fees that Raser would receive in connection with such normalized plant; Raser’s beliefs regarding the potential for bottom-cycling operations and the potential economic benefits associated with such bottom-cycling operations; Raser’s understanding of accounting treatments for financial reporting of tax treatment of Raser’s geothermal projects; Raser’s beliefs about the performance and market applicability of its products; Raser’s beliefs about the status and enforceability of its intellectual property; Raser’s beliefs about the strength of its existing and potential business relations in the motor industry; Raser’s beliefs about the performance capabilities of its technology; Raser’s beliefs about its ability to commercially license its technology; Raser’s beliefs about its ability to hire sufficient employees to accelerate engineering and testing; and Raser’s beliefs about its ability to obtain funding and successfully complete testing of its SymetronTM technologies and its EREV project. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and Raser’s ability to compete in the industry; Raser’s ability to adapt its technology and third-party technology for the intended applications; Raser’s ability to secure necessary permits; the strength of Raser’s intellectual property; Raser’s ability to attract, train and retain key personnel; and such other risks as identified in Raser’s quarterly report on Form 10-Q for the quarter ended March 31, 2009, as filed with the Securities and Exchange Commission, and all subsequent filings.

All forward-looking statements in this press release are based on information available to Raser as of the date hereof, and Raser undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this release.