2017 Financial News Releases

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03/27/17Professional Diversity Network Releases Letter from CEO to Shareholders
CHICAGO, March 27, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN” or “the Company”) (NASDAQ:IPDN) today released a letter from its CEO to its shareholders. Dear PDN Shareholders, Last year I led a group of investors who purchased a controlling interest in Professional Diversity Network, Inc. In December of 2016 the Company’s Board of Directors appointed me CEO and directed me to profitably grow our revenues.  I recently presented at the Roth Conference in California t... 
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03/21/17Professional Diversity Network Discusses Recent Developments in its Core Businesses
CHICAGO, March 21, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN” or “the Company”) (NASDAQ:IPDN) today discussed several recent developments related to its core businesses of technology, careers and networking. HIGHLIGHTS: PDN enters technology partnership with Diverst, a leader in enterprise Diversity and Inclusion technology PDN Careers division registers 76 employers and over 3,300 job seekers NAPW women’s networking division hosting major PNE events wit... 
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03/13/17Professional Diversity Network Appoints Gary Xiao as Chief Financial Officer; Finalizes and Executes Employment Contracts with Senior Executives
CHICAGO, March 13, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN” or “the Company”) (NASDAQ:IPDN) today announced the appointment of Gary Xiao as its Chief Financial Officer, as well as its execution of employment contracts with senior executives. On March 7, 2017, the Company appointed Gary Xiao as its Chief Financial Officer (“CFO”).  Mr. Xiao is an experienced financial leader and business partner who holds an MBA in Corporate Finance and Strategy from the Ross Scho... 
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03/08/17Professional Diversity Network Announces Presentation at 29th Annual Roth Conference
CHICAGO, March 08, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN” or “the Company”) (NASDAQ:IPDN) today announced that it will be presenting at the 29th annual Roth Conference, to be held March 12-15, 2017 at the Ritz Carlton in Dana Point, CA. Mr. Maoji (Michael) Wang, PDN’s Chief Executive Officer, is scheduled to present the Company’s strategic plan for both growing its U.S. business and for expanding new business into the Chinese market.  Mr. Wang’s presentation is... 
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01/19/17Professional Diversity Network Announces Closing of Sale of $3 million of Common Stock to Cosmic Forward Limited
CHICAGO, Jan. 19, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN”) (NASDAQ:IPDN) today announced that it has successfully closed the sale of 312,500 shares of its common stock to Cosmic Forward Limited, a Seychelles private company and controlling stockholder of PDN, at a purchase price of $9.60 per share, representing an approximately 3.1% premium over the closing consolidated bid price of PDN common stock on January 12, 2017 ($9.31). “This additional investment from C... 
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01/17/17Professional Diversity Network Announces Definitive Agreement For Sale of $3 million of Common Stock to Cosmic Forward Limited
CHICAGO, Jan. 17, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (“PDN”) (NASDAQ:IPDN) today announced that it has entered into a definitive agreement to sell 312,500 shares of its common stock to Cosmic Forward Limited, a Seychelles private company and controlling stockholder of PDN, at a purchase price of $9.60 per share, representing an approximately 3.1% premium over the closing consolidated bid price of PDN common stock on January 12, 2017 ($9.31). “We are pleased to wel... 
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