SCHEDULE 14A INFORMATION

                PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Filed by the Registrant {  }
Filed by a Party other than the Registrant {x}

Check the appropriate box:
{  } Preliminary Proxy Statement  {  } Confidential, for Use of the Commission
                                       Only (as permitted by Rule 14a-6(e) (2))
{  } Definitive Proxy Statement
{x}  Definitive Additional Materials
{  } Soliciting Material Pursuant to Section 240.14a-11 or Section 240.14a-12

                                    HEI, Inc.
                (Name of Registrant as Specified In Its Charter)

                              FANT INDUSTRIES INC.
                   (Name of Person(s) Filing Proxy Statement)

Payment of Filing Fee (Check the appropriate box):

{x}   No fee required.

{  }  Fee computed on table below per Exchange Act Rules 14a-6(i) (1) and 0-11.

      (1)  Title of each class of securities to which transaction applies:
      --------------------------------------------------------------------

      (2)  Aggregate  number of  securities  to which  transaction  applies:
      --------------------------------------------------------------------

      (3)  Per unit price or other underlying value of transaction  computed
           pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
           the filing fee is  calculated  and state how it was  determined):
      --------------------------------------------------------------------

      (4)  Proposed maximum aggregate value of transaction:
      --------------------------------------------------------------------

      (5)  Total fee paid:
      --------------------------------------------------------------------

{  }  Fee paid previously with preliminary materials.

{  }  Check box if any part of the fee is offset as provided by Exchange Act
      Rule 0-11(a) (2) and identify the filing for which the  offsetting fee
      was paid  previously.  Identify  the previous  filing by  registration
      statement number, or the Form or Schedule and the date of filing.

      (1)  Amount Previously Paid:
      ----------------------------------------------------------------

      (2)  Form, Schedule or Registration Statement No.:
      ----------------------------------------------------------------

      (3)  Filing Party:
      ----------------------------------------------------------------

      (4)  Date Filed:
      ----------------------------------------------------------------



                              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
- ---------------------


FANT INCREASES CASH TENDER OFFER TO $9.00 FOR HEI SHARES
- --------------------------------------------------------


NEW YORK, NEW YORK - July 13, 1998 - Fant Industries  Inc.  announced today that
it has increased the price of its cash tender offer to $9.00 per share for 11.5%
of the Common Stock of HEI, Inc. (NASDAQ:  HEII), a Minnesota  corporation.  The
offer  represents a 38% premium over the closing price of HEI's stock on Friday,
July  10,  1998 and a 100%  premium  over the  closing  price on the day  before
Anthony J. Fant began accumulating shares in December 1997.

"We believe this is a very strong offer," Mr. Fant said. "It is another tangible
demonstration  of our  commitment to HEI and our  confidence in its future under
our leadership. We urge all shareholders to tender their shares and return their
GREEN  proxy  cards  today.  To take  advantage  of  this  cash  premium  and to
participate in the  revitalization  of HEI,  shareholders must send in the GREEN
proxy cards.  We will deliver value to shareholders on day one, and $9 per share
is where it begins."

The Fant Industries Inc. tender offer,  proration period,  and withdrawal rights
have been extended and will expire on Tuesday,  August 4, 1998 at 12:00 midnight
New York City Time unless extended  further.  All shareholders  whose shares are
validly  tendered and not  withdrawn  and  accepted for payment  pursuant to the
offer, including shares previously tendered, will receive the increased price of
$9.00 per share. To date, approximately 1,485,000 shares of the Company's Common
Stock have been tendered.

R.J. Steichen & Co. is the Dealer Manager, and Beacon Hill Partners, Inc. is the
Information Agent.