Small Cap News Movers for 3/17/10

Optimal Group Inc. (NASDAQ: OPMR) announced that it has entered into a support agreement with a corporation established by Richard Yanofsky, President of WowWee Canada Inc., and Peter Yanofsky, President of WowWee USA, Inc., for the purpose of making an offer to acquire, by way of a take-over bid to Optimal Group shareholders, all of the outstanding Class “A” shares of the Company, including shares issuable upon the conversion, exchange or exercise of options and warrants, at a price of US$2.40 per share in cash. The stock closed at $2.34, up 46.31%, on 687,022 traded shares.

Abraxis BioScience, Inc. (NASDAQ:ABII) announced that its randomized registrational Phase 3 clinical trial comparing ABRAXANE® (protein-bound paclitaxel) with Taxol® (paclitaxel) injection, both in combination with carboplatin, met the study’s primary endpoint by demonstrating that ABRAXANE showed a significant improvement in overall response rate as compared to Taxol, in the first-line treatment of patients with advanced non-small cell lung cancer (NSCLC), as assessed by independent radiologist review. The stock closed at $52.00, up 30.49%, on 508,234 traded shares.

Document Security Systems, Inc. (NYSE Amex: DMC) was pleased to announce today that it has been issued nine new patents covering seven European Countries and Canada. All patents are associated with DSS’s new digital “Prism” authentication and anti-counterfeiting technology which was recently highlighted as a “Covert security technology for plastic smart cards” on page 39 of a comprehensive industry white paper by Imperial Capital entitled, “Anti-Counterfeiting & Brand Protection. The stock closed at $4.02 on 73,005 traded shares.

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