Raser Technologies' New Chief Executive Officer to Hold a Conference Call

Raser Technologies, Inc. (NYSE: RZ), an energy technology company, announced today that it will host a conference call on January 28, 2010 at 5:00pm Eastern Time. Raser Chairman Kraig Higginson will introduce the Company’s new Chief Executive Officer, Nick Goodman. The conference call is intended to allow Mr. Goodman to discuss his vision for the Company, the recent management changes as well as to introduce himself to Raser shareholders.

The conference call details are as follows:

Date: January 28, 2010

Time: 5 p.m. Eastern Time (3 p.m. Mountain Time)

Dial-in (investors): 877-407-0784 (domestic US) or 201-689-8560 (internationally)

Live Webcast: http://viavid.net/dce.aspx?sid=00006F80 or www.rasertech.com.

A replay will be available until February 4, 2010, 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 #342693 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. Raser’s Transportation and 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.