9-22-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks waver as traders move into Treasurys, gold

Stock rally put on hold as traders opt for Treasurys, gold after Fed's latest statement

NEW YORK (AP) — Traders put their September stock rally on hold and moved into Treasurys and gold Wednesday, a day after the Federal Reserve said it was ready to take more action to boost the economy.

The Dow Jones industrial average fell 23 points in late morning trading.

The Fed didn't announce specific steps in its announcement Tuesday, but investors interpreted its statement as a signal that the central bank could step up its bond-purchasing program down the line. The Fed said the economy is still recovering but at a sluggish pace.

Investors had little incentive to move more money into stocks, so they turned their focus to bonds and gold. Treasurys rose again, pushing their yields lower, and gold climbed to another record.

Yesterday's Top Performing Small Cap Stock:

Car Charging Group, Inc. CCGI

Car Charging Group, Inc. was a SmallCapVoice.com top performer closing up over 8% on trading volume of 239,477 shares.

Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with various landowner partners to identify appropriate locations for its charging stations. The Company seeks to provide convenient, safe and affordable charging stations away from home in customer-friendly public locations, including municipalities, shopping malls and parking garages.

An estimated 40 million plug-in electric vehicles are predicted to be on the road by the year 2030. This estimate includes models from auto industry leaders, such as the Nissan Leaf, the GM Chevy Volt, the Fisker Karma, and the Tesla Model S. Car Charging Group, Inc. and other companies in the EV industry such as ECOtality and Better Place, realize the need to establish charging networks throughout the transportation infrastructure to provide easy access to charging stations everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group, Inc. seeks to become the leading provider of electric car charging services. The Company has launched its service in the South Florida market and is expanding its operations both nationally and internationally.

Today's SmallCapVoice.com Hot Stock to Watch:

Curaxis Pharmaceutical Corp. CURX

Curaxis Pharmaceutical Enters Into an Equity Line Agreement With Southridge Partners, II for Clinical Alzheimer's Disease Trials

DURHAM, N.C., Sept. 22, 2010 (GLOBE NEWSWIRE) — Patrick S. Smith, President and Chief Executive Officer of Curaxis Pharmaceutical Corp. CURX at www.curaxispharma.com , announced today that it has signed a $25 million equity line agreement with Southridge Partners, II (“Southridge”), an institutional investor.

“We are pleased to have secured this equity line with Southridge, a forward thinking institutional investor which provides future flexibility in capital raising,” said Patrick Smith. “We plan to use proceeds, as needed from the agreement, to support our upcoming Phase IIb trial in women of our Alzheimer's disease candidate, Memryte.

SmallCapVoice Clients' News

eMax Worldwide, Inc. (Pink Sheets: EMXC)

A New Audio Interview Featuring Roxanna Weber, CEO of eMax Worldwide, Inc., is now at SmallCapVoice.com

Sep. 15, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview featuring Roxanna Weber, The CEO of eMax Worldwide, Inc., a company partly owned by eMax Holdings Corp. (Pink Sheets:EMXC) and recently renamed eMax Worldwide, Inc., is now available. The interview can be heard here http://smallcapvoice.com/blog/9-14-10-audio-interview-with-emax-worldwide-inc-pink-sheets-emxc/.

Other Small Cap News

Level 3 Communications, Inc. LVLT

Level 3 Wins Online Gaming Operator Virtue Fusion (Alderney) Ltd

Level 3 to Provide Caching and Download Services for Leading White Label Bingo Company

LONDON–(BUSINESS WIRE)–Level 3 Communications, Inc. LVLT today announced it will provide content delivery network (CDN) services for Virtue Fusion (Alderney) Ltd, developers of popular white label Bingo and networked gaming solutions for the online gambling community.

Catalyst Pharmaceutical Partners, Inc. CPRX

Catalyst Pharmaceutical Partners, Inc. Granted Orphan-Drug Designation for CPP-115 for the Treatment of Infantile Spasms

CORAL GABLES, Fla., Sept. 21, 2010 (GLOBE NEWSWIRE) — Catalyst Pharmaceutical Partners, Inc. CPRX today announced that its investigational drug, CPP-115, a novel GABA aminotransferase inhibitor, has been granted orphan-drug designation for the treatment of infantile spasms (West Syndrome) by the U.S. Food and Drug Administration (FDA).

Magal Security Systems Ltd MAGS

Magal Announces Loan From Major Shareholder

YEHUD, Israel, September 21, 2010 /PRNewswire-FirstCall/ — Magal S3 (NASDAQ GM: MAGS) today announced that Company's major shareholder, Mr. Nathan Kirsh has provided Magal with a $10 million bridge loan, forming the first stage of Magal's strategic capital raising plan. This plan has been formulated by management together with the Board of Directors and is designed to provide the Company with the stability and the capital for the long-term growth of its business. As approved by the General Meeting of the shareholders, the capital raising plan is expected to culminate in a rights offering to all shareholders in the coming months.

Network Equipment Technologies, Inc. NWK

Network Equipment Technologies Receives Award From the FAA

FREMONT, CA–(Marketwire – 09/21/10) – NET Federal, a wholly-owned subsidiary of Network Equipment Technologies, Inc. (“NET”) NWK, announced today that it received a $1.4 million award from the FAA to support their infrastructure. This award for NET's multi service platform delivers features necessary for Government customers to move to a solution that integrates real-time voice and data traffic across a single network infrastructure.

China ACM CADC

China ACM Announces Three New HSR Contracts Valued at $10.7 Million

High Speed Rail Contract Package Is Company's Largest Ever

BEIJING–(Marketwire – 09/22/10) – China Advanced Construction Materials Group, Inc. CADC (“China ACM”), a leading provider of ready-mix concrete and related technical services in China, today announced it has been awarded three high-speed rail contracts valued at a total of $10.7 million.

Stewart Enterprises, Inc. STEI

Stewart Enterprises Announces Resumption of Stock Repurchase Program

NEW ORLEANS, Sept. 22, 2010 (GLOBE NEWSWIRE) — Stewart Enterprises, Inc. STEI announced today that the Company plans to resume purchases of its Class A common stock pursuant to its previously established stock repurchase program. The stock repurchase program was originally authorized in September 2007, subsequently expanded in December 2007 and June 2008, and permits the Company to spend up to $75.0 million to repurchase shares of its Class A common stock. As of July 31, 2010, $26.5 million remained available under the program. Open market purchases under the program were last made during the third fiscal quarter of 2008.

Neptune Technologies & Bioressources Inc. NEPT

Neptune Technologies & Bioressources Inc. Subsidiary Acasti Pharma Inc. Reports Superior Effect of Drug Candidate CaPre(TM) Over Lovaza(R)

CaPre(R) Scores 105% Higher Than Prescription Drug Lovaza(R) on Omega-3 Index Test

LAVAL, Quebec, Sept. 22, 2010 (GLOBE NEWSWIRE) — Neptune Technologies & Bioressources Inc. (“Neptune”) NEPT (TSX-V:NTB) subsidiary Acasti Pharma Inc. reports preclinical results showing that its leading drug candidate CaPre(TM), performed better than the currently marketed drug, Lovaza(R), by increasing the HS-Omega-3 Index(R) 105% more. The index measures an emerging risk factor for sudden death from coronary heart disease.

OMNOVA Solutions Inc. OMN

OMNOVA Solutions Announces Intention to Acquire Specialty Chemicals Manufacturer Eliokem International From AXA Private Equity

Expected to be accretive to earnings in 2012

OMNOVA Solutions Inc. OMN today announced that it has entered into an agreement with AXA Private Equity granting the Company a period of exclusivity to acquire specialty chemicals manufacturer Eliokem International. Closing of the proposed transaction is subject to consultation with Eliokem's Works Council in France, completion of a definitive agreement, regulatory approvals, financing and other customary conditions. Subject to these conditions, the Company anticipates completion of the transaction by the end of 2010.

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