Raser Technologies Inc.

Public Company, Headquarters Location
5152 N Edgewood Dr., Provo, UT 84604-5680, United States
(888)817-6937, (801)765-1200, (801)374-3314 fax, http://www.rasertech.com

Primary SIC: Electric Services, Primary NAICS: Electric Power Distribution
Description: Founded in 2003, Raser Technologies Inc. is publicly traded on the New York Stock Exchange. The company is an environmental energy technology company focused on geothermal power development and technology licensing. It operates in two business segments: power systems, and transportation and industrial. The power systems segment develops clean, renewable geothermal electric power plants and bottom-cycling operations. Additionally, the company has accumulated a large portfolio of geothermal interests in four western continental states and a geothermal concession in Indonesia, which are important in the company's efforts to develop geothermal power plants. The company's transportation and industrial segment focuses on using Raser Technologies' Symetron family of technologies to improve the efficiency of electric motors, generators and power electronic drives used in electric and hybrid electric vehicle propulsion systems. Through these two business segments, the company is employing a "Well to Wheels" strategy in an effort to produce a positive impact on the environment and economically beneficial results for its stockholders. The company is focused on becoming both a producer of clean, geothermal electric power as well as a provider of electric and hybrid-electric vehicle technologies and products. Raser Technologies is headquartered in Provo, Utah.Manufacturing: Electric motor technology.