Raser Introduces Its "Well to Wheels" Green Energy Plan and New Key Management in "Up to Speed 5" Video Report.PROVO, Utah -- Raser Technologies, Inc. (NYSE Arca For other uses of "ARCA", see ARCA. NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an entirely online securities exchange on which both stocks and options are traded. : RZ), a technology licensing and development company established to develop and license advanced electric motor, controller and related technologies as well as to establish geothermal ge·o·ther·mal also ge·o·ther·mic adj. Of or relating to the internal heat of the earth. ge electricity generating plants, announced today that information about its integrated "Well to Wheels" energy strategy is available in the company's 5th edition of its online video report called "Up to Speed." "Up to Speed -Volume 5," released today on the company's website, is the latest in a series of video reports from Raser's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and top management team. This latest edition contains timely information about Raser's progress in the power generation sector with Raser's geothermal, green-energy development plan. The plan is an integrated "Well to Wheels," green-energy strategy linking Raser's clean geothermal power Geothermal power Thermal or electrical power produced from the thermal energy contained in the Earth (geothermal energy). Use of geothermal energy is based thermodynamically on the temperature difference between a mass of subsurface rock and water and a mass generation to its automotive and industrial business segments. The "Up to Speed" video can be viewed at http://rasertech.com/uptospeed. Also included in this edition is an introduction to key new members of Raser's management team including Marty Petersen, now serving as Raser's chief financial officer, and Jim Spellman, former team leader for Delco/Remy's hybrid motor development team, now serving as Director of Business Development for Raser's automotive business sector. In addition, "Up to Speed 5" includes an impressive summary of a recent report by Advanced Energy on Raser's FlexMod[TM] controller using Symetron[TM] technology. The project focused on finding ways to reduce system costs and improve efficiencies for industrial heating and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. systems. It was funded by the Department of Energy and administered through the State Technology Advancement Collaborative (STAC 1. (language) STAC - Storage Allocation and Coding Program. 2. (company) STAC - The company responsible for Stacker and stac compression. http://stac.com/. ). A full report from Advanced Energy can be downloaded at: http://www.rasertech.com/news_articles_hvac.html. About Raser Technologies Raser is a publicly-traded technology licensing and development company focused on improving the efficiency of rotating ro·tate v. ro·tat·ed, ro·tat·ing, ro·tates v.intr. 1. To turn around on an axis or center. 2. electromagnetic electromagnetic /elec·tro·mag·net·ic/ (-mag-net´ik) involving both electricity and magnetism. electromagnetic pertaining to or emanating from electromagnetism. and heat transfer applications within the transportation, industrial and power generation markets. Further information on Raser may be found at: www.rasertech.com. Cautionary Note Regarding Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This video 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 the following: the Company's beliefs about the benefits of the Company's technologies, including recently licensed heat transfer technologies; the Company's beliefs about the performance capabilities of its technology; the Company's ability to commercially benefit from existing and developing technologies; the technical and financial impact of recent testing on behalf of the US Department of Energy; the Company's ability to benefit from the potential tax credits and attributes available to new geothermal power projects. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the ability of the Company to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... and commercialize developing technologies; the ability to secure construction financing, secure power generation equipment and meet construction timetables for geothermal and related heat transfer facilities; the ability to enter into power purchase agreements for proposed geothermal facilities; the ability to enter into strategic alliances necessary to develop heat transfer technology projects; the ability to secure governmental and other approvals and permits for heat transfer technology projects; the competitive environment of the ISA/motor, alternator alternator: see generator. alternator Source of direct electric current in modern vehicles for ignition, lights, fans, and other uses. The electric power is generated by an alternator mechanically coupled to the engine, with a rotor field coil , controller, and heat transfer technologies; the ability to compete effectively in the marketplace; the strength of our intellectual property and licensed technologies; the ability to retain key personnel and technical employees; the ability to protect our intellectual property; and such other risks as identified in the Company's most recent Annual Report on Form 10-KSB, as filed with the Securities and Exchange Commission, and all subsequent quarterly reports, current reports and other filings, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. All forward-looking statements in this video release are based on information available to the Company as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" , and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this video release. |
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