~~UNITED~~United ~~STATES~~States

~~SECURITIES~~Securities ~~AND~~and ~~EXCHANGE~~Exchange ~~COMMISSION~~Commission

~~WASHINGTON~~Washington, DC 20549

___________

FORM 8-K

~~___________~~Current Report

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported) December 18, 2007
ALSIUS CORPORATION (Exact Name of Registrant as Specified in Charter)
Delaware	000-51362	20-2620798
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Date of report (Date of earliest event reported) July 24, 2008

ALSIUS CORPORATION

(Exact Name of Registrant as Specified in Charter)

15770 Laguna Canyon Road, Suite 150, Irvine, California	92618
Delaware		000-51362	20-2620798
(Address of Principal Executive Offices)	(Zip Code)
(State or Other Jurisdiction of Incorporation)		(Commission File Number)	(IRS Employer Identification No.)

~~Registrant’s~~15770 ~~telephone~~Laguna ~~number~~Canyon Road, ~~including~~Suite ~~area~~150, ~~code~~Irvine, ~~(949)~~California ~~453-0150~~92618 (~~Former Name or Former~~ Address, ~~if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation~~ of ~~the~~Principal ~~registrant~~Executive ~~under any of the following provisions (see General Instruction A.2. below~~Offices): ~~¨ Written communications pursuant to Rule 425 under the Securities Act~~ (17Zip ~~CFR 230.425~~Code) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item 7.01~~Registrant’s FDtelephone ~~Disclosure~~number, including area code (949) 453-0150

~~In connection~~(Former ~~with~~Name ~~the~~or ~~transaction~~Former ~~described in Item 8.01 to this Report on Form 8-K~~Address, onif ~~December~~Changed ~~18,~~Since ~~2007,~~Last ~~the Registrant issued a press release, a copy of which is furnished as an exhibit to this~~ Report.)

~~The information~~Check ~~in this Item 7.01 is being furnished and shall not be deemed “filed”~~the ~~for~~appropriate ~~the~~box ~~purposes~~below ofif ~~Section 18 of~~ the ~~Securities~~Form ~~Exchange~~8-K ~~Act~~filing ofis ~~1934,~~intended ~~as amended (“Exchange Act”), or otherwise subject~~ to ~~the liabilities of that~~simultaneously ~~Section.~~satisfy ~~Such information shall not be incorporated by reference into any~~the ~~registration~~filing ~~statement~~obligation orof ~~other document pursuant to~~ the ~~Securities~~registrant ~~Act~~under any of ~~1933, as~~ ~~amended or~~ the ~~Exchange~~following ~~Act,~~provisions ~~except as shall be expressly set forth by~~(see ~~specific~~General ~~reference~~Instruction ~~in such filing~~A.2. below):

~~Item~~¨ Written communications ~~8.01~~pursuant ~~Other~~to ~~Events~~Rule 425 under the Securities Act (17 CFR 230.425)

~~On December~~¨ ~~18,~~Soliciting ~~2007, the Registrant issued a press release announcing the~~material ~~commencement~~pursuant ~~of a temporary warrant retirement program whereby holders of the Registrant's warrants are offered the opportunity~~ to ~~tender~~Rule ~~their~~14a-12 ~~warrants for shares~~under ~~of common stock. In addition, if~~ the ~~warrant~~Exchange ~~holders~~Act ~~participate~~(17 ~~in the cashless~~CFR ~~tender, they are also eligible to tender one additional warrant at a reduced exercise price of $3~~240.25 for one additional share of the Company's common stock. The full text of the press release issued in conjunction with the announcement is attached and incorporated herein by reference as Exhibit 99.1 to the Current Report on Form 814a-K.12)

~~Item~~¨ Pre-commencement ~~9.01~~communications ~~Financial~~pursuant ~~Statements~~to ~~and~~Rule ~~Exhibits~~14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR ~~Exhibits~~240.13e-4(c))

Exhibit	Description
99.1	Press Release dated December 18, 2007

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Alsius Corporation (the "Company") is filing this report on Form 8-K to report the following event under Items 5.02(c) & (e):

On July 24, 2008, Gregory J. Tibbitts was engaged by the Company on a consulting basis, and will begin functioning as its Chief Financial Officer after the upcoming departure of Brett Scott, the Company's current Chief Financial Officer. Mr. Tibbitts' consulting agreement with the Company runs through March 31, 2009, unless extended, and provides for per diem compensation of $1,250 and additional bonus payments of $50,000 to $150,000 upon achievement of certain corporate goals.

Mr. Tibbitts, 41, served as the Chief Financial Officer of Cryocor, Inc., a medical device company focused on cardiology, from July 2004 until its acquisition by Boston Scientific Corporation in May 2008. From April 2000 to June 2004, Mr. Tibbitts held various positions, including Chief Financial Officer, with Elitra Pharmaceuticals Inc., a biotechnology company. From December 1996 to March 2000, Mr. Tibbitts was a senior manager in the audit department of Ernst & Young LLP, specializing in the biotechnology, medical device and other high technology industries. Mr. Tibbitts received a B.A. in Business Administration from the University of San Diego and an M.B.A. in Finance from San Diego State University, and is a Certified Public Accountant in the State of California.

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SIGNATURE

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.

Dated: ~~December~~ 19July 24, ~~2007~~2008

ALSIUS CORPORATION By: /s/ ~~Brett~~William LJ. ~~Scott~~Worthen Name: ~~Brett~~William LJ. ~~Scott~~Worthen Title: President and Chief ~~Financial~~Executive Officer

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Exhibit Index

Exhibit	Description
99.1	Press Release dated December 18, 2007

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