Raser Technologies, Inc. Patents Advanced Electric Motor Technology Symetron Motor Technology

PROVO, Utah--Jan. 2, 20055, 2005--Raser Technologies, Inc. (OTCBB:RSTG), a technology licensing company established to develop and license advanced electric motor, controller and related technologies, was notified today by the United States Patent and Trademark Office of the issuance of Raser's first U.S. Patent.

The issued patent covers some of the initial electric motor concepts of Raser's Symetron(TM) technologies. Raser has also filed applications for several patents in the areas of advanced alternator and generator technologies.

"Issuance of our initial advanced motor technology patent is an important first step in highlighting the uniqueness of our electric motor technology. This patent serves as one keystone upon which several subsequent patents have been filed," said Raser CEO, Kraig Higginson. "We will continue to actively develop our intellectual property portfolio of technologies consistent with our strategy. We believe our technologies will address the needs of our customers and assist them in providing a significant enhancement to existing product lines," stated Mr. Higginson.

About Raser Technologies

Founded in 2001, Raser Technologies believes that its pending patents and proprietary intellectual property cover breakthrough technologies. Raser's Symetron(TM) technologies more efficiently harness's electrical energy in electric motors, controllers, alternator and generator technologies. Application of Symetron(TM) generally requires simple changes to existing products, but yields significant increases in power, performance and efficiency without the use of exotic materials. Further information on Raser Technologies, Inc. may be found at: www.rasertech.com.