CHICAGO, Nov 03, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- The Archipelago Exchange(SM) (ArcaEx(R)), the nation's first totally open, all-electronic stock exchange, today announced that Raser Technologies, Inc., ("Raser"), a technology licensing company that develops and licenses advanced electric motor, electric motor drive and related technologies, has listed exclusively on ArcaEx under the two character ticker symbol: RZ.

"Like ArcaEx, Raser is an innovator in their industry," said Sam Long, Managing Director of ArcaEx's Corporate Client Group. "We look forward to serving as a fair and transparent marketplace for the company and its shareholders."

In addition to providing the advantages of electronic trading, ArcaEx enables ArcaEx- , NYSE- , Amex- and Nasdaq-listed companies and their investors to reap the benefits of ArcaEx's investor focused market structure. ArcaEx operates as an all-electronic auction market, with an open limit order book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.

Currently over 230 companies are listed on ArcaEx. In addition to its own listings, the exchange trades all NYSE, Nasdaq, and Amex listed stocks.

About ArcaEx

Archipelago Holdings (PCX: AX) operates The Archipelago Exchange(SM) (ArcaEx(R)) the first totally open all-electronic stock exchange in the United States. ArcaEx trades all Nasdaq-listed equity securities and exchange listed equity securities, including those listed on the New York Stock Exchange(R), American Stock Exchange(R), and ArcaEx(R). In addition to offering core execution services, ArcaEx provides corporate clients with listing services and innovative data products. In 2004, Archipelago launched ArcaVision to provide corporate and trading clients with more transparent market data, analytical tools and access to market-wide and ArcaEx specific trading information. Archipelago Holdings completed its initial public offering in August 2004. For more information please visit http://www.arcaex.com.

About Raser Technologies

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 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. Further information on Raser may be found at: http://www.rasertech.com.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Archipelago's current expectations and involve risks and uncertainties that could cause Archipelago's actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Factors that could cause Archipelago's results to differ materially from current expectations include: general economic and business conditions, industry trends, competitive conditions, regulatory developments as well as other risks or factors identified in the Company's filings with the Securities Exchange Commission, including its Report on Form 10-K for the fiscal year ending December 31, 2004 which is available on the Company's website at http://www.archipelago.com. You should not place undue reliance on forward- looking statements, which speak only as of the date of this press release. Except for any obligation to disclose material information under the Federal securities laws, Archipelago undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this press release.

Contact:
Archipelago
Margaret Nagle
312-442-7083

Raser
Investor Relations
investorrelations@rasertech.com
or
Company Management
William Dwyer, CFO
801-765-1200

SOURCE ArcaEx