Raser Vice President Speaks at Washington D.C. Military Energy & Alternative Fuels Conference

PROVO, Utah--Raser Technologies, Inc. , an energy technology company, today announced that Raser Vice President, David West was a featured speaker at the Military Energy & Alternative Fuels Conference in Washington D.C. October 20-21 put on by the Technology Training Corporation. Raser was invited to speak on the potential military applications of its E-REV (Extended Range Electric Vehicle) powertrain, recently demonstrated in Raser’s electric Hummer H3E vehicle.

The electric Hummer H3E is the result of a two-year development program in cooperation with General Motors. The vehicle is powered by Raser’s proprietary E-REV powertrain. The powertrain was designed to drive America’s trucks, SUVs and other larger vehicles with over 100 mpg in gas fuel economy. The powertrain features Raser’s Symetron™ technology including a custom designed 200kW peak AC induction traction motor, 100kW continuous PM synchronous generator and unique dual hybrid drive/ controller. At the conference, Mr. West spoke of the potential application of Raser’s technology to the military, in particular the potential of the on-board generator to replace a traditional “tow-behind” mobile generator with more power.

Mark Mitchell, Conference Director said, "Raser's presence at this conference, represents the future in military advance automotive technology. Raser has demonstrated that this technology is ready to be applied to military vehicles to help increase our nation’s energy security using sustainable alternative fuels.”

Some prominent participants in the conference included: General (ret) Paul Kern, President and Chief Operating officer of AM General, the manufacturer of both the Military HMMWV and Civilian Hummer H2 SUV, Dr. Allan Hoffman, the DOE Senior Analyst at the Office of Energy Efficiency and Renewable Energy, Mr. Paul Schoen, Executive Director, The Boeing Company, Mr. Steven White, Energy Program Manager, Department of Homeland Security, and many others. The conference was attended by leading military and private sector specialists on military vehicles, alternative fuels and operations.

Raser Technologies Chairman, Kraig Higginson, stated, "We believe the strategic advantages of Raser’s E-REV powertrain can be of benefit to the military. As we move forward now with the commercialization of our E-REV technology, we hope to work closely with the military to demonstrate its high-power, fuel economy, and mobile power generation capabilities.”

About the Military Energy and Alternative Fuels Conference

The Military Energy & Alternative Fuels Conference is one of the leading military conferences on alternative fuels and renewable energy and attracts many of the nation’s military and civilian leaders.

About Raser Technologies

Raser 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.

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: our beliefs about the performance and market applicability of our products and technology; our beliefs about the status and enforceability of the Company’s intellectual property; our beliefs about the performance capabilities of our technology; our beliefs about the capabilities, expertise and intentions of our partners and potential partners. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment and our ability to compete in the industry; our ability to adapt our technology and third-party technology for the intended applications; our ability to secure necessary permits; our ability to attract, train and retain key personnel; and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended June 30, 2009, as filed with the Securities and Exchange Commission, and all subsequent filings.

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 report.