ICU Medical, Inc. Reports Settlement of Litigation Against Former Attorneys

Jan 02, 2007, 00:00 ET from ICU Medical, Inc.

    SAN CLEMENTE, Calif., Jan. 2 /PRNewswire-FirstCall/ -- ICU Medical,
 Inc., (Nasdaq:   ICUI), a leading low cost manufacturer of safe medical
 connectors, custom medical products and critical care devices, today
 announced that it had reached an agreement to settle an action against
 Fulwider Patton Lee & Utecht, LLP under which the Company alleged that
 during the course of its representation of the Company and continuing
 thereafter, Fulwider engaged in various matters for the Company's direct
 competitors, and committed other acts of negligence and breaches of the
 attorney-client relationship. Fulwider did not admit any liability or
 wrongdoing. The Company will be paid $8 million in settlement of its claims
 against Fulwider.
     Contact:  Francis J. O'Brien
               Chief Financial Officer
               ICU Medical, Inc.
               (949) 366-2183
               John F. Mills
               Senior Managing Director
               Integrated Corporate Relations
               (310) 954-1100

SOURCE ICU Medical, Inc.