Website: N/A
Stock Symbol: NYSE: RZ
Market Value: N/A (in millions)
Unless the context requires otherwise, all references in this annual report to
“Raser,” “the Company,” “we,” “us,” “our company,” “Raser Technologies” or “our”
refer to Raser Technologies, Inc. and its consolidated subsidiaries.
Overview
We are an environmentally focused geothermal power development and technology
licensing company. We operate in two business segments: Power Systems and
Transportation and Industrial Technology. Our Power Systems segment is seeking
to develop clean, renewable geothermal electric power plants and bottom-cycling
operations. Our Transportation and Industrial Technology segment focuses on
using our Symetron™ technology to improve the efficiency of electric motors and
related components. Through these two business segments, we are employing a
“Well to Wheels” strategy in an effort to produce a positive impact on the
environment and economically beneficial results for our stockholders.