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Raser Technologies Selects Bear Wagner Specialists LLC to Trade Shares on NYSE Arca.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Raser Technologies (NYSE Arca: RZ) has chosen Bear Wagner Specialists LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 as lead market maker to trade its shares on NYSE Arca, the specialist firm announced today. A technology licensing company that develops and licenses advanced electric motor, electric motor drive and related technologies, Raser Technologies was one of the original primary listings on the Archipelago Exchange (ArcaEx), which is now the fully electronic NYSE Arca.

"We are pleased to bring our electronic-trading expertise to the trading of quality companies like Raser Technologies," said Peter Murphy, chief executive officer of Bear Wagner Specialists. "Having been active traders in International Securities Exchange (ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise. ) options and Exchange Traded Funds Exchange Traded Funds (ETF)

Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds.
 (ETFs) for some time, we believe Bear Wagner is uniquely qualified to trade effectively in NYSE NYSE

See: New York Stock Exchange
 Arca's open market structure. This is borne out in our dominant position among lead market makers on NYSE Arca."

"Bear Wagner was our choice as lead market maker because of their electronic-trading leadership, as well as their commitment to providing quality markets," said Brent M. Cook, chief executive officer of Raser Technologies. "We are pleased to be represented by such an innovative and customer-focused trading firm."

About Raser Technologies Inc.

Formed in 2003, Raser believes that its current and pending patents and proprietary intellectual property cover breakthrough technologies. Raser's Symetron(TM) technologies more efficiently harness electrical energy in electric motors, electric motor drives and controllers, 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
 and generator technologies. Application of Symetron(TM) generally requires minor changes to existing manufacturing processes for motors or their controllers, but yields significant increases in power, performance and efficiency to the rotating electro-magnetic application without the use of exotic materials. Raser is headquartered in Provo, Utah.

About Bear Wagner Specialists LLC

Bear Wagner Specialists, a leading NYSE specialist firm, is a strategic partner and trusted advisor to many of the world's most esteemed companies. Representing 366 publicly traded equities with an aggregate market cap greater than $2.8 trillion, Bear Wagner is widely recognized as the most progressive and technologically advanced firm on the Exchange. Bear Wagner Specialists has vast experience assisting companies as they navigate the NYSE listing process and establish their "best practices" investor relations Investor relations

The process by which the corporation communicates with its investors.
 programs. Bear Wagner Specialists LLC is a majority-owned joint venture of The Bear Stearns Companies, Inc. (NYSE:BSC (Binary Synchronous Communications) See bisync. ). For additional information, visit the firm's website at www.bearwagner.com. Bear Wagner Specialists LLC is a member of SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. .

About NYSE Arca

NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca's trading platform provides customers with fast electronic execution and open, direct and anonymous market access.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 21, 2006
Words:451
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