FOUNTAIN VALLEY, CALIFORNIA -- (MARKET WIRE) -- May 09, 2007 -- Sutura, Inc. ("Sutura") (OTCBB: SUTU), an innovative developer of minimally invasive vascular suturing devices, announced today that it has notified its shareholders of the terms of a proposed out-of-court settlement reached with Synapse Funds, Go Industries, and other plaintiffs relating to a legal dispute dating back to June 2005. A hearing has now been scheduled for June 1, 2007 at 10:00 a.m. in the Superior Court of California, Santa Ana, California to approve the settlement. The notice also informs the shareholders of the process by which they may make objections to the proposed settlement.
