SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES EXCHANGE ACT OF 1934
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HEI, Inc.
(Name of Registrant as Specified In Its Charter)
FANT INDUSTRIES INC.
(Name of Person(s) Filing Proxy Statement)
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FANT INDUSTRIES INC.
2154 Highland Avenue
Birmingham, Alabama 35205
Phone: (205) 933-1030
For further information contact:
Anthony J. Fant
(205) 933-1030
Richard Grubaugh
Beacon Hill Partners, Inc.
(212) 843-8500
FOR IMMEDIATE RELEASE
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FANT HIRES DELOITTE & TOUCHE TO ASSIST WITH GROWTH STRATEGY FOR HEI
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Fant Industries Inc. announced today that it has engaged Deloitte & Touche LLP
(Management Solutions and Services) to assist in formulating a growth strategy
for HEI, Inc. (Nasdaq: HEII) of Victoria, Minnesota. Fant Industries is
controlled by Anthony J. Fant, who is HEI's largest shareholder and currently is
seeking to gain control of HEI's board of directors. "This Company needs to be
fixed," said Mr. Fant, "and Deloitte & Touche is providing invaluable industry
expertise to help us put it on the right track." Mr. Fant said that this
analysis is concentrating on trends and competition within the industry, the
potential growth and future outlook for the industry, HEI's potential advantages
and strengths within their niche, and other important issues relating to the
industry.
