Vascular Solutions, Inc. (“Company”) announced today that it has appointed Nicolai, GmbH (“Nicolai”) as its distributor for Germany. The distribution agreement (“Agreement”) shall be effective as of April 1, 2008 and run for a term of five years.

Under the Agreement, Nicolai agrees to pay Company up to €500,000 in four (4) milestone payments of €125,000 each (the “Milestone Payments”). The first Milestone payment was due within five (5) business days of the execution of the Agreement. The remaining three (3) €125,000 Milestone Payments shall be due to Company each subsequent quarter that Nicolai obtains certain sales levels to customers. Notwithstanding the foregoing, if the Agreement is terminated under certain conditions, Company agrees to make the following one-time payment to Nicolai within five (5) business days following the date of termination: (a) €400,000 if the date of termination is prior to March 31, 2009; (b) €300,000 if the date of termination is prior to March 31, 2010; (c) €200,000 if the date of termination is prior to March 31, 2011; (d) €100,000 if the date of termination is prior to March 31, 2012.

As a result of the Agreement, the Company will no longer directly distribute its products in Germany through its subsidiary Vascular Solutions GmbH.

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.

Date:  March 11, 2008