Exhibit 99.1


               Possis Medical, Inc., to Announce Fiscal
                2007 Third-Quarter Results on May 23rd

    MINNEAPOLIS--(BUSINESS WIRE)--May 16, 2007--Possis Medical, Inc.
(NASDAQ:POSS) will release its fiscal 2007 third-quarter results on
Wednesday, May 23, 2007, at 7 a.m. (CT). The earnings release will
include summary financial information for Possis' fiscal third-quarter
results. The company's fiscal year runs from August 1 to July 31.

    Possis also will hold a shareholder conference call on Wednesday,
May 23, 2007, beginning at 9:30 a.m. (CT). Management will review its
financial and operating results, and discuss its future outlook. To
join the conference call, dial 1-888-889-7567 (international
1-517-645-6377) and give the password "conference." A replay of the
conference call will be available one hour after the call ends through
11:59 P.M. (CT) on May 25, 2007. To access the replay, dial
1-800-839-2348 (international 1-203-369-3033).

    For individual investors, a Webcast of the conference call will be
available at www.possis.com under the "Investors" tab, or at
www.fulldisclosure.com. Institutional investors can access the Webcast
through a password-protected site at www.streetevents.com. An archived
Webcast of Possis' conference call will be available for 30 days.

    Possis Medical, Inc., develops, manufactures and markets
pioneering medical devices for the large and growing cardiovascular
and vascular treatment markets. The company's AngioJet System is the
world's leading mechanical thrombectomy system with FDA approval to
remove large and small thrombus from coronary arteries, coronary
bypass grafts, peripheral arteries and veins, A-V grafts and native
fistulas.


    CONTACT: Possis Medical, Inc.
             Jules L. Fisher, 763-450-8011
             Vice President, Finance and
             Chief Financial Officer
             Jules.Fisher@possis.com