BNET Industries

Optimal Group Inc.

OPMR is in the Financial Services Industry

Last Fiscal Year Sales:$152.5M
  • Public
  • CA
Dow Jones Description

We operate in two business segments. Through WowWee (our business segment comprised of WowWee Group Limited, WowWee Canada Inc., WowWee USA, Inc. and WW Sablon Holdings), we design, develop, market and distribute technology-based, consumer robotic, toy and entertainment products. Through Optimal Payments Corp., we process credit card payments for two portfolios of small and medium-sized retail point-of-sale merchants and continue to receive residual payments from a third portfolio. Our Corporate Organization Our company was formed in 1984 and is incorporated under the federal laws of Canada. We entered the consumer robotic, toy and entertainment products business segment by the acquisition in November 2007 (see note 5 (a) of the notes to our consolidated financial statements) and we entered the credit card payment processing business segment through the acquisition of Terra Payments Inc. in April 2004. Our principal office is located at 3500 de Maisonneuve Blvd. West, Suite 800, Montreal, Quebec, H3Z 3C1, and our telephone number is (514) 738-8885.

Co-Chairman, Chief Executive Officer & Director
Neil S. Wechsler
Number of Employees 162
Contact Information

3500 de Maisonneuve West Suite 800

Montreal, Quebec H3Z 3C1

www.opmr.com

(514) 738-8885

NAICS Code Financial Transactions Processing, Reserve, and Clearinghouse Activities: 522320

Recent Events

  • Optimal Group Announces Third Quarter 2009 Results

    11/14/09 - Financial Announcement - View Story

News & Analysis

optimal group inc. - All News and Analysis

  • Optimal Group Sets Release Date for Second Quarter 2008 Results

    - 2008-07-28

    Optimal Group Inc. (NASDAQ: OPMR) will report second quarter results on Tuesday, August 5, 2008, after the market close. Optimal will hold a conference call on Tuesday, August 5, 2008 at 4:30 p.m. EDT. It is the intent of Optimal's conference call to have the question and answer session...

    Tags: Optimal Group Inc.

  • Optimal Group Announces First Quarter 2008 Results

    - 2008-05-06

    Optimal Group Inc. (NASDAQ: OPMR) today announced its financial results for the first quarter ended March 31, 2008. All references are in U.S. dollars. Revenues for the first quarter ended March 31, 2008 consisted of revenues from both the Optimal Payments segment and the WowWee segment (acquired on November...

    Tags: Optimal Group Inc.

  • Optimal Group Announces Fourth Quarter and 2007 Year-End Results

    - 2008-03-11

    Optimal Group Inc. (NASDAQ: OPMR) today announced its financial results for the fourth quarter and year ended December 31, 2007. All references are in U.S. dollars. Revenues for the fourth quarter ended December 31, 2007 were $37.6 million (which includes approximately $11.3 million related to the WowWee business segment...

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  • Optimal Group Announces Fourth Quarter and 2007 Year-End Results.(Financial report)

    - 2008-03-11

    MONTREAL, QUEBEC, Mar 11, 2008 Marketwire via COMTEX -- Optimal Group Inc. (NASDAQ:OPMR) today announced its financial results for the fourth quarter and year ended December 31, 2007. All references are in U.S. dollars. Revenues for the fourth quarter ended December 31, 2007 were...

    Tags: Optimal Group Inc.

  • Optimal Group Announces Third Quarter 2007 Results

    - 2007-11-06

    Optimal Group Inc. (NASDAQ: OPMR) today announced its financial results for the third quarter ended September 30, 2007. All references are in U.S. dollars. Revenues for the third quarter ended September 30, 2007 were $27.6 million compared to $53.3 million for the third quarter ended September 30, 2006. ...

    Tags: Optimal Group Inc.

Decision Makers

Name (plus bio) Position
Peter Yanofsky President
Richard Yanofsky President
Gary S. Wechsler CFO & Treasurer
Benjamin A. Dalfen Executive Vice President, Business Development
Leon P. Garfinkle General Counsel, Secretary & Senior Vice President
O. Bradley McKenna Vice President, Admin & HR
Hans Martin Ruter

Board of Directors

Name (plus bio) Position
Neil S. Wechsler Co-Chairman, Chief Executive Officer & Director
Holden L. Ostrin Co-Chairman & Director
James S. Gertler Chairman
Thomas D. Murphy Chairman
Henry M. Karp Board of Directors
Jonathan Ginns Board of Directors
Sweibel Sydney Board of Directors
Tommy Boman Board of Directors

Organization Position Status
Optimal Group, Inc. Co-Chairman, Chief Executive Officer & Director Current

Organization Position Status
Optimal Group, Inc. President Current

Organization Position Status
Optimal Group, Inc. President Current

Organization Position Status
Optimal Group, Inc. CFO & Treasurer Current

Organization Position Status
Optimal Group, Inc. Executive Vice President, Business Development Current

Organization Position Status
Optimal Group, Inc. General Counsel, Secretary & Senior Vice President Current
Optimal Payments, Inc. Secretary Current
Optimal Payments, Inc. Secretary Former

Organization Position Status
Optimal Group, Inc. Vice President, Admin & HR Current

Organization Position Status
Optimal Group, Inc. Co-Chairman & Director Current

Organization Position Status
Optimal Group, Inc. Current

James S. Gertler has been a director of our company since November 1997. He is a managing member of Independent Outdoor Advertising, LLC, an outdoor media company in the United States and is a principal of the general partner of Signal International, an offshore rig repair, maintenance, upgrade and conversion company in the Gulf of Mexico.

Organization Position Status
Optimal Group, Inc. Chairman Current

Organization Position Status
Optimal Group, Inc. Chairman Current

Organization Position Status
Optimal Group, Inc. Board of Directors Current
Optimal Group, Inc. President & COO Former

Organization Position Status
Acon Investments, LLC Founder Current
Chroma Exploration & Production, Inc. Founder and Managing Partner of Acon Investments Current
Signal International, LLC Board of Directors Current
Optimal Group, Inc. Board of Directors Current
Chroma Exploration & Production, Inc. Board of Directors Current
Mariner Energy Inc. Board of Directors Current
Acon Investments, LLC Partner Former
Booz Allen Hamilton, Inc. Senior Consultant Former
Brandeis University B.A. Former

Organization Position Status
Optimal Group, Inc. Board of Directors Current

Organization Position Status
Optimal Group, Inc. Board of Directors Current
Aptilon Director Current
IMS International Ltd. Vice-Chairman Former
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