ICU MEDICAL INC
			Symbol			ICUI

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ICU Medical, Inc. Increases Share Repurchase Authorization to $55 Million

2009-10-20 13:11 ET - News Release

SAN CLEMENTE, Calif., Oct. 20, 2009 (GLOBE NEWSWIRE) -- ICU Medical, Inc. (Nasdaq:ICUI), a leading low cost manufacturer of safe medical connectors, custom medical products and critical care devices, today announced that its Board of Directors has amended its previously announced stock repurchase program to permit share repurchases up to an aggregate of $55.0 million. The Company's stock repurchase program was originally adopted on July 18, 2008 and permitted repurchases up to $40.0 million.

Under current Board of Directors authorizations and taking into account previous purchases of $6.5 million of shares under the existing authorization, the Company has the ability, and currently intends to repurchase up to approximately $43.5 million of its common stock in the open market. Such repurchases will be made in accordance with applicable securities laws and other requirements, and will depend on the stock price, prevailing market and business conditions and other considerations.

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