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Howlett Research Corp. Pu

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Raser is a research and development company focused on developing advanced motor technology for broad applications, including the growing electric hybrid vehicle market. It has developed several innovations in electric motors and controllers that increase torque and power, allowing reduced manufacturing costs and providing enhanced performance. Applications span virtually the entire universe of electric motors, including industry, the military, as well as the automotive sector.

July 2, 2004 -- Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has recently published a comprehensive research report on Raser Technologies, Inc. ("Raser") (OTC BB: RSTG) (www.rasertech.com). Raser is a research and development company focused on developing advanced motor technology for broad applications, including the growing electric hybrid vehicle market. It has developed several innovations in electric motors and controllers that increase torque and power, allowing reduced manufacturing costs and providing enhanced performance. Applications span virtually the entire universe of electric motors, including industry, the military, as well as the automotive sector.

The full report can be found at www.howlett-research.com/Research.htm.

About Howlett Research Corp. (HRC)
Based on British Columbia's Sunshine Coast, Howlett Research Corp. has been completing company specific research reports for publicly listed companies for over 11 years in a variety of industry sectors. The reports are developed for quality junior to medium sized companies that lack adequate coverage by the financial community. These reports attempt to explain how the company is positioned in its competitive environment, along with what its business strategy and associated market potential is.

Howlett Research Corp. has accepted a cash fee of under $10,000 from Investors Stock Daily Inc. in preparing the research report which represents the total consideration due. Howlett Research Corp. has not been involved in, nor does it envision participating in any transaction or investment banking business related to Raser. Howlett Research Corp. does not own shares of Raser and does not trade in its shares.

Contact:
Jeff Howlett
604-885-0883
info@howlett-research.com www.howlett-research.com

For additional information, contact:
Raser Technologies Inc., Provo
David West
801-765-1200
dwest@rasertech.com www.rasertech.com



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