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WEGMILLER ELECTED CHAIRMAN AND DUTCHER ELECTED CEO OF POSSIS CORPORATION

 MINNEAPOLIS, Oct. 22 /PRNewswire/ -- Possis Corporation (NASDAQ: POSS) announced today that Donald C. Wegmiller has been elected chairman of the board of directors and Robert G. Dutcher has been elected president, chief executive officer and director. As previously announced, the company's chairman and president, Zinon (Chris) Possis, died on Oct. 16, 1993, following a lengthy illness.
 Wegmiller has been a member of the corporation's board of directors since 1987 and was elected vice chairman in 1993. He is president of Minneapolis-based Management Compensation Group/HealthCare, and was formerly the CEO and president of HealthOne Corporation, which in 1993 merged with LifeSpan Corporation to become HealthSpan Health Systems Corporation, Minnesota's largest health care network.
 Dutcher, a former Medtronic, Inc., research and development manager, was hired in 1985 to lead the company's subsidiary, Possis Medical, Inc., in becoming a major medical device company. He became president of Possis Medical, Inc., in 1987 and was elected executive vice president of the parent company earlier this year.
 The corporation's board of directors also announced the reorganization of committee leadership and the intent to change the name of the corporation to Possis Medical, Inc., subject to shareholder approval at its Dec. 8, 1993, annual meeting. The name change reflects the corporation's move toward becoming exclusively a medical device company. The new committee assignments include Dr. Demetre Nicoloff, a prominent Minneapolis surgeon with Cardiac Surgical Associates, as chairman of the Medical Advisory Committee; Dean Belbas, vice president, director of corporate communications with General Mills, Inc., as chairman of the executive committee; and Seymour Mansfield, partner with the Mansfield & Tanick law firm in Minneapolis, as chairman of the Compensation Committee.
 -0- 10/22/93
 /CONTACT: Robert G. Dutcher of Possis, 612-550-1010/
 (POSS)


CO: Possis Corporation ST: Minnesota IN: MTC SU: PER

AL-DS -- MN015 -- 5768 10/22/93 13:30 EDT
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Publication:PR Newswire
Date:Oct 22, 1993
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