EXHIBIT 99.2 MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding ("MOU") is made as of the 28th day of January, 2005 between HiEnergy Technologies, Inc. ("HiEnergy"), a corporation organized under the laws of the State of Delaware, U.S.A.,...Memorandum of Understanding • February 8th, 2005 • Hienergy Technologies Inc • Laboratory analytical instruments
