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 for more than 30 years, assembling impressive credentials, including Senior Domestic Reservoir Engineer for Unocal . He supervised Unocal’s geothermal resources, including the Geysers geothermal reservoir in Northern California over a 20 year period. He has since worked as a reservoir engineering consultant on numerous geothermal and petroleum developments around the world. Ben Barker holds a PhD in petroleum engineering from Stanford University.

Brent M. Cook, Raser’s CEO, welcomed Dr. Barker, “Ben is a world renowned talent in the geothermal industry and we are excited about putting his expertise to work for Raser. His breadth and depth of knowledge will greatly increase our in-house resource management capabilities and enable us to maximize our vast portfolio of geothermal resources.”

About Raser Technologies
Raser 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^TM 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^TM 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.
Richard Putnam
Investor Relations
(801) 765-1200
investorrelations@rasertech.com

Hayden Communications, Inc
Cameron Donahue
(651) 653-1854
cameron@haydenir.com

Public Relations contact: Stern & Co.
Richard Stern
212 888-0044
richstern@sternco.com
Alison Simard
323-650-7117
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