November 12, 2008

Raser Technologies, Inc. To Present at Imperial Capital’s Global Opportunities Conference and Geothermal Finance and Investment Summit

Raser Technologies, Inc. (NYSE Arca:RZ) today announced that Kraig T. Higginson, the Company's Chairman of the Board of Directors, will present at Imperial Capital's Global Opportunities Conference (GOC) at the Hilton New York Hotel at 4:05 PM EST on Tuesday, November 18th.

The Company also announced that Brent M. Cook, Raser's CEO, will be a featured panelist at the 2nd Annual Geothermal Finance and Investment Summit in Palm Springs, California on Wednesday November 19th at 11:00 AM PST.

The presentations will highlight the Company's progress in executing its "Well to Wheels" strategy, including a discussion about Raser's first geothermal power plant constructed in Utah.

Management will be available for one-on-one meetings throughout the day at the Hilton in New York. Interested parties can schedule meetings through Imperial Capital by visiting online.

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(TM) technology developed internally by its Transportation and Industrial Technology segment. Raser's Transportation and Industrial Technology segment focuses on extended-range plug-in-hybrid vehicle solutions and using Raser's Symetron(TM) 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.