U.S. Geothermal Inc.

U.S. Geothermal Inc.

September 14, 2009 14:06 ET

U.S. Geothermal to Postpone Annual General Meeting

BOISE, IDAHO--(Marketwire - Sept. 14, 2009) - U.S. Geothermal Inc. ("U.S. Geothermal") (TSX:GTH)(NYSE Amex:HTM), a renewable energy company focused on the production and sale of electricity from geothermal energy, announced today that its board of directors has delayed the Company's Annual General Meeting of its shareholders from September 22, 2009 to December 17, 2009 because U.S. Geothermal is considering restructuring its capital platform to respond to new build initiatives at its San Emidio and Neal Hot Springs projects and to provide the company with additional financing options using a corporate capital structure that would require shareholder approval.

The record date for determining those shareholders entitled to receive notice and vote at the meeting was also postponed from August 6, 2009 to October 29, 2009. Formal notice of the meeting and a management proxy circular will be available to shareholders in due course.

About U.S. Geothermal:

U.S. Geothermal is a renewable energy development company that is operating geothermal power projects at Raft River, Idaho and San Emidio, Nevada and completed testing a new well as part of its exploration activities at Neal Hot Springs in eastern Oregon.

The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. These statements are based on U.S. Geothermal Inc.'s current expectations and beliefs and are subject to a number of risks and uncertainties that can cause actual results to differ materially from those described. Readers are cautioned to review the risk factors identified by the company in its filings with Canadian and US securities agencies. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change.

The NYSE Amex and the TSX do not accept responsibility for the adequacy of this release.

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