Raser Technologies Inc. Advanced Hybrid Vehicle Development Consortium Featured in EV World Magazine

PROVO, Utah--Sept. 27, 2005--Raser Technologies Inc. (OTCBB: RSTG), a technology licensing company that develops and licenses advanced electric motor, controller and related technologies, was featured in a recent two-part series in EV World magazine, one of the leading online hybrid vehicle publications relating to hybrid vehicles. The two articles titled "Inside the PHEV Consortium" were based on an interview with the Advanced Hybrid Vehicle Development Consortium (the "Consortium") founding member companies, including Raser Technologies, Pacific Gas and Electric , and Maxwell Technologies .

The articles focused on the recent creation of the Consortium, important new technology advancements by its members, the merits of Plug-in Hybrid Vehicles ("PHEVs"), and the need for component suppliers to coordinate their development efforts to ensure better compatibility and to accelerate the development of "next generation" hybrid vehicles based on available technology.

In the article, the consortium outlined its immediate goal of expanding its membership to include other key component suppliers and then to work with automobile manufacturers to include new and available technology in a pre-production plug-in hybrid vehicle design including a PHEV-20 and PHEV-50 that meets high-volume production and performance requirements. The Consortium also voiced its goal of offering hybrid components that allow auto makers to accelerate the development of electric-dominant vehicles such as PHEVs. Such vehicles offer consumers the ability to drive the first 20 to 50 miles daily without starting up the combustion engine. To consumers this technology offers a welcome alternative to rising fuel prices by using low-cost electric power to recharge conveniently at home at about one-third the price of petroleum fuel.

Current hybrid vehicles need to generate electricity on board using $3-a-gallon gasoline and have very limited electric range. PHEVs can recharge using both regenerative braking while driving and the power grid at night, and then shift from all-electric to hybrid mode for extended range driving.

The article also highlighted two significant criteria for the prototype vehicle critical in gaining OEM and consumer acceptance: 1) the overall vehicle costs should not increase significantly and 2) vehicle performance is maintained. As the article explains, "the Consortium signals an important watershed in the PHEV movement."

To read both articles, "Inside the PHEV Consortium" and "Inside the PHEV Consortium, Part 2," go to the EV World Web site, www.evworld.com, or www.rasertech.com/news_articles_evworld-phev.html.

About Raser Technologies

Formed in 2003, Raser believes that its current and pending patents and proprietary intellectual property cover breakthrough technologies. Raser's Symetron(TM) technologies more efficiently harness electrical energy in electric motors, electric motor drives and controllers, and alternator and generator technologies. Application of Symetron(TM) generally requires minor changes to existing products, but yields significant increases in power, performance and efficiency without the use of exotic materials. Further information on Raser may be found at www.rasertech.com.

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