Raser's Symetron Alternator Demonstrates up to 56% Improvement in Power Output in Customer Testing

PROVO, Utah--July 19, 2006--Raser Technologies Inc. (NYSE Arca: RZ) ("Raser"), an energy technology company that develops and licenses advanced electric motor, controller and related technologies, today announced recent test results of its Symetron(TM) alternator technology designed for heavy-duty trucks and commercial vehicles.

The Symetron(TM) enhanced alternator demonstrated up to 56% improvement in power output over a state-of-the-art, heavy-duty alternator tested at a customer's facility. The Symetron(TM) alternator showed a consistent improvement in power output over the entire operating range of the alternator with a peak output of 235 amps compared to 164 amps for the stock alternator. The dramatic improvement in performance was achieved without increasing alternator size. The customer's testing followed the industry standard J-56 test protocol to evaluate alternator performance.

In addition to higher output under normal operating temperatures, the Raser alternator demonstrated that its advantage over the stock unit was even more significant in high heat operating environments. The Symetron(TM) alternator demonstrated up to 56% improvement in power output when tested in elevated heat conditions.

The Symetron(TM) "brushless" alternator design also satisfies a growing trend away from traditional brushed alternators, which are less reliable and require additional periodic maintenance to replace worn brushes, toward more reliable brushless alternators.

The improved performance of the Symetron(TM) enhanced alternator was due, in part, to a proprietary Intelligent Voltage Regulator (IVR) developed by Raser. This proprietary design shows the potential to improve performance on a wide variety of alternators through an intelligent, dynamic operation. In addition to brushless "claw pole"-style alternators, Raser is working on additional advanced alternator designs based on its own innovations in research and development.

"We believe that our innovations as applied to the heavy-duty truck market will also offer benefits to the automotive segment," said Raser Chief Technology Officer Timothy Fehr. "We will be offering the Symetron(TM) alternator technologies to OEMs and vehicle manufacturers over the coming months as we move toward commercialization."

As consumers demand more electric accessories onboard, automobile manufacturers are requiring more powerful alternators to run DVD players, navigation systems, onboard computers & displays, and sound systems, in addition to power seats and power windows. More mobile power generation capacity is needed to recharge larger, more powerful truck and automotive batteries.

To increase fuel economy, automakers have shown a growing trend to replace belt driven pumps and fans with electric motor driven pumps and fans to improve fuel efficiency by reducing the parasitic load on the combustion engine. To power these additional electric motors, automakers are requiring alternators with increased power generating capability and improved efficiency.

The increase in power generated by the Symetron(TM) alternator provides an opportunity for a significant increase in value to alternator manufacturers and automakers. Traditionally, alternators are "priced by the amp" for the power they produce. By increasing power output by up to 56%, without increasing size, manufacturers can capture significant value from improved performance or reduced alternator size for heavy-duty trucks and commercial vehicles. The global OEM market for alternators is estimated to be approaching $10 billion annually.

To for more information and test results go to http://www.rasertech.com/news_articles_alternator.html

About Raser Technologies

Formed in 2003, Raser Technologies believes that its pending patents and proprietary intellectual property cover breakthrough technologies. Raser's Symetron(TM) technologies more efficiently harness electrical energy in electric motor, controller, 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.