Raser Sets Date for Fourth Quarter Earnings Announcement Webcast

Raser Technologies, Inc. (NYSE Arca: RZ) announced today that it plans to hold a webcast on Friday, March 14, 2008 to discuss with shareholders and interested parties the quarter and year end results at 11:00 am MDT. Shareholders and analysts may listen and participate on the webcast at: http://viavid.net/dce.aspx?sid=00004CE9.

About Raser Technologies

Raser (NYSE Arca: RZ) is a publicly-traded, environmentally focused technology licensing and development company operating in two business segments. Raser’s Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser’s Symetron™ technology developed internally by its Transportation and Industrial Technology segment. Raser’s Transportation and Industrial Technology segment focuses on using Raser’s Symetron™ technology to improve the efficiency of electric motors and other applications. Further information on Raser may be found at: www.rasertech.com.