UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934



Date of Report (Date of earliest event reported):       August 22, 2006
                                                 -------------------------------

                              POSSIS MEDICAL, INC.
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             (Exact name of registrant as specified in its charter)


         Minnesota                    0-944                       41-0783184
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(State or other jurisdiction        (Commission                 (IRS Employer
      of incorporation)             File Number)             Identification No.)


9055 Evergreen Boulevard NW, Minneapolis, MN                     55433-8003
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   (Address of principal executive offices)                      (Zip Code)


Registrant's telephone number, including area code      763-780-4555
                                                   -----------------------------

                                 Not Applicable
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         (Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



Item 7.01 - Regulation FD Disclosure

Possis Medical, Inc., receives FDA clearance for the GuardDOG(R) Occlusion
System. A copy of the press release is furnished as Exhibit 99.1 to this Report.


Item 9.01 Financial Statements and Exhibits

[c]     Exhibits

99.1    Press Release, dated August 22, 2006, issued by Possis Medical, Inc.





                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Possis Medical, Inc.
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(Registrant)

Date: August 22, 2006


By:     /s/ Jules L. Fisher
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    Jules L. Fisher
    Vice President, Finance and Chief Financial Officer




                                  EXHIBIT INDEX

Exhibit No.             Description
- -----------             -----------

99.1                    Press Release, dated August 22, 2006, issued by Possis
                        Medical, Inc.