Official Website for First NATO Symposium on Improvised Explosive Devices Recognizes HiEnergy Technologies' Participation

Official Website for First NATO Symposium on Improvised Explosive Devices Recognizes HiEnergy Technologies' Participation

IRVINE, Calif., Nov. 30 /PRNewswire-FirstCall/ -- HiEnergy Technologies, Inc. (BULLETIN BOARD: HIET) (the "Company" or "HiEnergy"), announced today that the official summary of the First NATO International Symposium on Countering Improvised Explosive Devices, or IED's (the "home made" variety of bombs which are used primarily by terrorists), has just been posted on the Internet at the following website: www.mde.es/dgam/SYMPOSIUM/file/outline.htm. Known as the "Spanish Symposium," because the event held in Madrid, Spain on October 18 and 19, 2004 was organized for NATO by the Spanish Directorate of Armament, the conference brought together government, academic and commercial leaders representing 25 different countries to discuss the issue of how to effectively counter the threat of IED's.

(Photo: http://www.newscom.com/cgi-bin/prnh/20041130/LATU026)

The Symposium report recognizes the live demonstrations made by HiEnergy Technologies of both its van-borne CarBomb Finder(TM) and the newer suitcase-enclosed SIEGMA(TM) models of its proprietary explosives detection system. According to the official report, at the Symposium "enlightening live demonstrations were carried out by leading companies in the field of countering IEDs," of which HiEnergy was one. The website also has posted pictures of the international event, including a photograph taken during HiEnergy's live demonstration of the SIEGMA model, at http://www.mde.es/dgam/SYMPOSIUM/file/galery.htm.

In describing the NATO conference which included 14 Exhibitors from six countries (Denmark, France, Germany, Spain, the United Kingdom, and the United States), the Symposium report describes HiEnergy's participation with respect to both the CarBomb Finder(TM) and Siegma(TM) products. Describing the live demonstration of SIEGMA(TM), the web summary reports it as a "Demonstration of a portable explosive detector capable of deciphering the chemical formula of suspicious packages and other objects. The sensor unit was placed next to a package containing an explosive simulant or non-explosive substance. In the demonstration three samples were measured, two explosives and one non-explosive, and the system found out correctly those samples that were explosives and the one that was not. The system also deciphered the chemical formula of the substances, and displayed the result on a [remote] tablet computer."

Dr. Bogdan Maglich, CEO and Chief Scientist of HiEnergy Technologies, commented, "This is the first time that a body of international governmental bomb detection experts has publicly acknowledged the unique ability of our detectors -- to perform stoichiometric, quantitative chemical analysis non-invasively and online. Our previous demonstrations to various US and foreign governmental entities resulted in similar findings, but we were not allowed to quote them, mostly for security reasons -- which has been frustrating and discouraging to my researchers."

The posted photograph shows Dr. Maglich explaining via a loudspeaker the demonstration's procedures as they were being performed before an audience of approximately 300 attendees from 16 NATO member states watching the live demo from the stands of the indoor soccer stadium of a military base near Madrid; Col. Bill Lacey, (US Army, ret.), CEO of HiEnergy Defense, Inc., a wholly-owned subsidiary of HiEnergy Technologies which focuses on military sales from its Washington, D.C. base, is seen standing at the extreme right of the photograph.

HiEnergy Technologies was the only manufacturer presenting and demonstrating explosive detection products based on neutron beam technology at the NATO Symposium. Of course, there can be no assurance that the presence of the company at the NATO Symposium in Madrid, or its mention in the website, will result in any sales of any of the Company's products.

ABOUT HIENERGY TECHNOLOGIES, INC.

HiEnergy Technologies, Inc. ("HiEnergy" or the "Company") is a nuclear technologies-based company focused on the research and development of proprietary neutron-based "stoichiometric" sensor devices, which have the ability to determine automatically whether an object or container carries dangerous or illicit selected substances, such as explosives, biological agents or illicit drugs. HiEnergy's primary focus is currently on the commercialization of two products: (1) the CarBomb Finder(TM), a vehicle-borne system, and (2) the SIEGMA(TM), a suitcase-borne system, of explosives detectors. In addition, it continues to research and develop prototype devices for other related uses of its core technology, such as an Anti-Tank Landmine Detector and other military and non-military applications of its core technology.

FORWARD-LOOKING STATEMENTS

Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward looking statements. In some cases, you can identify forward looking statements by terminology such as "may," "will," "should," "could," "intend," "expects," "plan," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other comparable terminology. Although we believe that the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements. In addition to the risks described above, additional risks affecting our Company can be found in our periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934.

INVESTOR CONTACT: MEDIA CONTACT:
Michael Cimini Lois Whitman
KCSA Public Relations Worldwide HWH Public Relations
(212) 682-6300 (212) 355-5049
mcimini@kcsa.comloisw@hwhpr.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041130/LATU026
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: HiEnergy Technologies, Inc.

CONTACT: Investors, Michael Cimini of KCSA Public Relations Worldwide,
+1-212-682-6300, mcimini@kcsa.com; or Media, Lois Whitman of HWH Public
Relations, +1-212-355-5049, loisw@hwhpr.com, both for HiEnergy Technologies,
Inc.

Web site: http://www.mde.es/dgam/SYMPOSIUM/file/outline.htm

Web site: http://www.mde.es/dgam/SYMPOSIUM/file/galery.htm

Web site: http://www.hienergyinc.com/


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