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Raser Technologies Announces Plans to Explore Strategic Alternatives

PROVO, Utah March 1, 2011

About Raser Technologies

OTCBB: RZTI Utah United States Utah New Mexico Nevada Oregon Indonesia

Cautionary Note Regarding Forward-Looking Statements

September 30, 2010

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 press release.

Raser Technologies, Inc.

Issa Arnita

Investor Relations

(801) 765-1200

SOURCE Raser Technologies, Inc.

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