Raser Technologies, Inc. Management Presents at the Electric Drive Transportation Association Conference & Exhibition 2005

VANCOUVER, British Columbia--Dec. 9, 2005--Raser Technologies, Inc. (PCX:RZ) ("Raser"), a technology licensing company that develops and licenses advanced electric motor, electronic motor drive and related technologies, announced today that Chief Technology Officer and Sr. V.P. Timothy Fehr presented and participated in a panel discussion on electric drive technology at the Electric Drive Transportation Association ("EDTA") Conference & Exposition 2005, one of the premier North American electric drive industry events.

Mr. Dan Herrera of the U.S. Army's Tank Automotive Research Development and Engineering Center ("TARDEC") was the moderator for the panel discussion entitled "Utilizing Electric Drive Components in Military Applications."

Raser's presentation reflected the results of work conducted under Phase I of a Small Business Innovative Research grant (SBIR) which was completed in August of 2005 showing the performance potential of Raser's Symetron(TM) enhanced motor technologies for the Army's High Mobility Multi-Wheeled Vehicle, (HMMWV or "Hummer") and the Army's Family of Medium Tactical Vehicles (FMTVs). The presentation provided comparisons of Raser's AC Induction technology with Switched Reluctance and Permanent Magnet technologies, and drew the conclusion that Raser's Symetron Enhanced AC Induction technology would be the best solution for the studied transportation applications.

Raser anticipates government appropriations for the next step in the process of evaluating Symetron Enhanced AC Induction technology for military applications before the end of the year. At Army discretion, these funds could be committed in the first quarter of 2006.

Raser's complete presentation is available on the Raser website at www.rasertech.com/edta.pdf.

About Electric Drive Transportation Association

The Electric Drive Transportation Association (EDTA) is the preeminent industry association dedicated to advancing electric drive as a core technology on the road to sustainable mobility. As an advocate for the adoption of electric drive technologies, EDTA serves as the unified voice for the industry and is the primary source of information and education related to electric drive. Our membership includes a diverse representation of vehicle and equipment manufacturers, energy providers, component suppliers and end users. Further information on the EDTA and the Conference may be found at: www.electricdrive.org and www.edtaconference.com.

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, electronic motor drives and controllers, alternator and generator technologies. Application of Symetron(TM) generally requires minor changes to existing manufacturing processes for motors or their controllers, but yields significant increases in power, performance and efficiency to the rotating electro-magnetic application without the use of exotic materials. Raser is headquartered in Provo, Utah. Further information on Raser may be found at: www.rasertech.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding the following: the Company's beliefs about the performance of Symetron(TM) technology; the importance of the EDTA conference; and commitment of government funding to the Company. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the potential infringement of the Company's intellectual property on prior art; the results of development and testing of Symetron(TM) technologies, its applications, performance characteristics and the business prospects for such technology; the Company's future results of operations, changes in market conditions for the Company's stock, the suitability of Symetron(TM) technologies for military applications; and such other risks as identified in our quarterly report on Form 10-QSB for the quarter ended September 30, 2005, as filed with the Securities and Exchange Commission, and all subsequent filings, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.