Professional Diversity Network

Professional Diversity Network, Inc. operates online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse professionals. It operates through four segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network), RemoteMore, and Corporate Overhead. The PDN Network segment consists of online professional networking communities with career resources tailored to the needs of various cultural groups. The NAPW Network segment refers to women-only professional networking organization. The RemoteMore segment connects companies with developers with less effort and friction, and software developers to get jobs regardless of their location. The Corporate Overhead refers to operating expenses. The company was founded by Rudy Martinez on October 3, 2003 and is headquartered in Chicago, IL.

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CHICAGO, March 29, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse and specialized individuals, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. “2023 was a challenging year for PDN, considering the optimism we had as we closed out fiscal 2022.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter and Fiscal Year Ended December 31, 2023

CHICAGO, March 25, 2024 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational, and employment opportunities for diverse individuals, today announced the return of the highly successful virtual career fair produced with the International Association of Women (“IAW”), a subsidiary fully owned by PDN, in honor of Women's History Month.

Professional Diversity Network (PDN) Hosts Successful Virtual Career Fair for Women's History Month

CHICAGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended September 30, 2023.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended September 30, 2023

CHICAGO, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended June 30, 2023.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended June 30, 2023

CHICAGO, June 30, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (Nasdaq: IPDN) (“PDN”), today announced it has secured a committed equity financing facility under which it may sell up to $12,775,000 of its shares of common stock to Tumim Stone Capital LLC (“Tumim Stone”) over a 24-month period.

Professional Diversity Network Announces Committed Equity Line

CHICAGO, June 22, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced the recent completion of a Happy Hour Hiring Event in Dayton, Ohio through its wholly-owned subsidiary, Expo Experts Events, LLC (“Expo Experts”).

Professional Diversity Network Inc. Hosts Successful Happy Hour Hiring Event

CHICAGO, May 15, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2023.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2023

CHICAGO, May 10, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, announced two new partnerships with Kappa Delta Chi Sorority and Lean In Latinas, two Latina focused organizations.

Professional Diversity Network, Inc. Expands Reach with New Partnerships and Announces Summer Hirefest

CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, announced the acquisition of additional 7% in RemoteMore USA Inc. (“RemoteMore”) on April 28, 2023. After the transaction, PDN's ownership position in RemoteMore will increase to approximately 73%.

Professional Diversity Network Announces Additional Acquisition and AI Powered Solutions to RemoteMore.com

CHICAGO, March 27, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, announced the acquisition of additional 20% of equity interest in RemoteMore USA, Inc. (“RemoteMore”) on March 23, 2023, an online platform specializing in remote-hiring of software developers, increasing PDN's ownership position in RemoteMore to approximately 66% after the transaction.

Professional Diversity Network Acquires Additional Equity Interest in RemoteMore USA, Inc.

CHICAGO, March 17, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced the success of the first hybrid (online and in-person) career event produced in conjunction with the company's most recently acquired subsidiary, Expo Experts LLC (“Expo Experts”), that was held on March 14, 2023 at the Congress Plaza Hotel in Chicago, IL.

Professional Diversity Network Inc. Announces Success of First Co-Produced Hybrid Career Fair Event

CHICAGO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its launch of the Sigma Gamma Rho Sorority, Inc. (ΣΓΡ) job board https://sgrhojobs.org/ , a fully integrated job board located on ΣΓΡ's website.

Professional Diversity Network, Inc. Announces Launch of Sigma Gamma Rho Sorority, Inc. Job Board

CHICAGO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN) (“PDN” or “Company”), a developer and operator of online and in-person diversity talent networks that provides access to networking, training, educational and employment opportunities for diverse individuals, announced that the Company's wholly-owned subsidiary, Expo Experts Events, LLC, pursuant to an asset purchase agreement with Expo Experts, LLC (“Expo Experts”) dated as of January 9, 2023, an Ohio limited liability company, has purchased the assets and operations of Expo Experts for a total consideration of $600,000 to be funded by the payment of $400,000 in cash and the issuance of restricted shares of PDN common stock valued at $200,000 based on the volume weighted average price as of twenty (20) days prior to the closing date.

Professional Diversity Network, Inc. Announces Acquisition of Expo Experts, LLC

CHICAGO, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its launch of the Alpha Phi Alpha Fraternity, Inc. (APA) job board https://apajobs.com/ , a fully integrated job board located on APA's website. Alpha Phi Alpha is the largest historically black fraternity.

Professional Diversity Network, Inc. Announces Launch of Alpha Phi Alpha Fraternity, Inc. Job Board

CHICAGO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended September 30, 2022.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended September 30, 2022

CHICAGO, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or “Company”), a developer and operator of online and in-person diversity talent networks that provides access to networking, training, educational and employment opportunities for diverse individuals, announced that the Company, pursuant to a stock purchase agreement with Koala Malta Limited (“KML”) dated as of September 27, 2022, a private limited liability company registered under the laws of Malta and 100% owned by Koala Capital Limited, has purchased a nine (9) percent interest in Koala Crypto Limited (“Koala”), the crypto asset exchange division of KML, for an investment amount of $1,350,000 to be funded by the issuance of restricted shares of PDN common stock. Following the transaction, PDN plans to extend its job boards into the blockchain industry, using its large diversity network.

Professional Diversity Network, Inc. Announces Equity Investment in Koala Crypto Limited

CHICAGO, Sept. 20, 2022 (GLOBE NEWSWIRE) -- International Association of Women (IAW), a business unit of Professional Diversity Network, Inc. (Nasdaq: IPDN), announces hosting its Inspirational Influencer Gala in Las Vegas, Nevada, on October 15th, 2022 at Mandalay Bay.

International Association of Women Hosts Inspirational Influencer Gala, in Las Vegas, October 2022

CHICAGO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended June 30, 2022.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended June 30, 2022

CHICAGO, June 16, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“PDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announces its partnership with Recruiter.com Group Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) ("Recruiter.com"), a recruiting software and on-demand services company.

Professional Diversity Network Inc. Partners with Recruiter.com to Serve Diverse Jobs

Recruiter.com Group

Collaborating to help find and hire diverse talent NEW YORK, NY / ACCESSWIRE / June 15, 2022 / Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) ("Recruiter.com"), a recruiting software and on-demand services company, is pleased to announce its partnership with Professional Diversity Network, Inc. (NASDAQ:IPDN), ("PDN"), a global developer and operator of online and in-person networks that provides access to networking, training, and educational and employment opportunities for diverse individuals. "PDN is proud to partner with Recruiter.com to help employers access diverse talent," said Adam He, CEO of PDN.

Recruiter.com Partners with Professional Diversity Network

CHICAGO, May 16, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended March 31, 2022.

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2022

CHICAGO, March 31, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended December 31, 2021.

Professional Diversity Network, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2021

CHICAGO, March 28, 2022 (GLOBE NEWSWIRE) -- International Association of Women (IAW), a business unit of Professional Diversity Network, Inc. (Nasdaq: IPDN), hosted a successful virtual summit on March 12, 2022 that attracted more than 2,000 participants and awarded $10,000 in grants.

International Association of Women Celebrates Women's History Month with Together We Rise Virtual Summit

CHICAGO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (Nasdaq: IPDN), today announced its Board of Directors has approved the repurchase of up to $2 million worth of its outstanding common stock from time to time on the open market or in privately negotiated transactions.

Professional Diversity Network Announces Stock Buyback Program

CHICAGO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended September 30, 2021.

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