HiEnergy Technologies, Inc. OTC BB: HIET

A class action lawsuit in the United States District Court for the Central District of California on behalf of purchasers of HiEnergy Technologies, Inc. (OTC BB: HIET)("HiEnergy" or the "Company") common stock during the period from February 22, 2002 through July 8, 2004, inclusive (the "Class Period").

The complaint charges that HiEnergy and certain of its current and former officers and directors violated Section 10b of the Securities Exchange Act of 1934 by failing to disclose material information concerning the background of certain of its officers and directors. In addition, the complaint alleges that at least of the Company's former officers acted with another individual to manipulate the price of HiEnergy's stock. The complaint also alleges that the Company filed false financial statements during the Class Period. As a result of these misrepresentations, according to the complaint, the price of HiEnergy securities was artificially inflated during the Class Period.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.