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Ticker:HEII
Company Name: HEI, Inc.

Business Overview from 10-K filing for HEI, Inc.:

We are a Minnesota corporation originally incorporated as Hybrid Electronics Inc. in 1968. We changed our name to HEI, Inc. in 1969. On January 24, 2003, we acquired certain assets and assumed certain liabilities of Colorado MEDtech, Inc.’s (“CMED”) Colorado operations (a business unit of CMED or our Advanced Medical Operations (“AMO”)) in a business combination accounted for as a purchase. The consolidated financial statements of the Company include the results of these operations since January 24, 2003. Our purposes for acquiring our AMO was to immediately gain access to the medical device markets, to expand marketing and sales opportunities, and to expand our capabilities to become more full service or “one stop shop” to our customers and target markets.     

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