Exhibit 99.1


[ICU Medical Logo]


        ICU MEDICAL, INC. ANNOUNCES TIME OF SECOND QUARTER EARNINGS CALL


     JULY  11,   2006,   SAN   CLEMENTE,   CALIFORNIA   --ICU   Medical,   Inc.,
(NASDAQ/NMS:ICUI),  a leading low cost  manufacturer of safe medical  connectors
and custom intravenous  systems,  today announced the time of its second quarter
2006 earnings release conference call.

     The Company will release its second  quarter 2006 results at  approximately
4:00  p.m.  EDT  (1:00  p.m.  PDT)  and will be  conducting  a  conference  call
concerning  those  results at 4:30 p.m. EDT (1:30 p.m.  PDT) on Tuesday July 18,
2006. The call can be accessed at 800-901-5248,  passcode 45801025 or by replay
at 888-286-8010,  passcode 36966844.  The conference call will be simultaneously
available by webcast, which can be accessed by going to the Company's website at
www.icumed.com,  clicking on the Investors tab, clicking on the Webcast icon and
following  the prompts.  The webcast  will also be available by replay.  Certain
information  provided  as part of that call will be  provided  on the  Company's
website at www.icumed.com within 48 hours of the call.

Contact:          Francis J. O'Brien
                  Chief Financial Officer
                  ICU Medical, Inc.
                  (949) 366-2183

                  John F. Mills
                  Managing Director
                  Integrated Corporate Relations
                  (310) 395-2215