Raser Technologies to Present at the Rodman & Renshaw Annual Global Investment Conference

Raser Technologies, Inc. (NYSE: RZ), an energy technology company, today announced that management will present at the Rodman & Renshaw Annual Global Investment Conference being held September 12-15, 2010 at the New York Palace Hotel, 455 Madison Avenue, New York, NY. The Company’s group presentation is scheduled for 2:50 p.m. ET on September 14, 2010 in the Stanford Salon. Management will be available during the day on September 14 for one-on-one meetings. Please contact your Rodman & Renshaw representative to schedule a meeting.

The presentation will highlight the Company’s progress in executing its strategy of developing renewable energy projects and electric vehicles, including Raser’s recent non-binding MOU (memorandum of understanding) as a development partner with Hyundai Heavy Industries (HHI) due in part to Raser’s leadership in plug-in hybrid trucks as well as its sizable holdings of renewable resources. The Company will also update investors on progress at the Lightning Dock project and its Thermo No. 1 power plant, which supplies power to the city of Anaheim, California.

Investors and other interested parties may access the live presentation at http://www.wsw.com/webcast/rrshq18/rz. This webcast will be available for 90 days following the live presentation.

About Rodman & Renshaw

Rodman & Renshaw is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Rodman also provides research and sales and trading services to institutional investors. Rodman is the leader in the PIPE (private investment in public equity) and RD (registered direct offering) transaction markets. According to Sagient Research Systems, Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005.

About Raser Technologies

Raser (NYSE: RZ) is an environmental energy technology company focused on geothermal power development and technology licensing. Raser’s Power Systems segment develops clean, renewable geothermal electric power plants with one operating plant in southern Utah and eight active and early stage projects in four western United States: Utah, New Mexico, Nevada and Oregon, as well as a concession for 100,000 acres in Indonesia. 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.