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: 11 a.m. Eastern Time (9 a.m. Mountain Time)

Date: May 12, 2009

Dial-in (investors): 800-762-9441 (domestic U.S.) or 480-629-9644 (internationally)

Live Webcast: http://viavid.net/dce.aspx?sid=000063F1 or www.rasertech.com

A replay will be available until May 19, 2009, which can be accessed by dialing 800-406-7325 if calling within the United States or 303-590-3030 if calling internationally. Please use passcode 4072524 to access the replay.

About Raser Technologies

Raser (NYSE: RZ) 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™ 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™ 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.

Contact:

Raser Technologies, Inc.
Issa Arnita, 801-765-1200
Investor Relations
investorrelations@rasertech.com
or
Hayden IR
Cameron Donahue, 651-653-1854
cameron@haydenir.com
or
Public Relations:
Stern & Co.
Richard Stern, 212-888-0044
richstern@sternco.com
or
Alison Simard, 323-650-7117
arsimard@sternco.com