Dial in at 877-407-0784 at the time of the conference call. A replay will be available for 7 days at 877-660-6853.

Provo, UT, October 30, 2009 — 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.

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.