Possis Medical, Inc. Class Action Dismissed

A class action lawsuit was filed on behalf of purchasers of the securities of Possis Medical, Inc. between September 24, 2002 and August 24, 2004, seeking to pursue remedies under the Securities Exchange Act of 1934. The suit, which was filed in June 2005, arose from allegations concerning public statements before the company's public disclosure of its AiMI clinical study results in August 2004. The United States District Court for the District of Minnesota has dismissed the case with prejudice. (Feb-05-07) [REUTERS: POSSIS DISMISSED]