Press Releases

Professional Diversity Network Forms Alliance With VetJobs.com to Promote Career Opportunities to Transitioning Veterans and Military Candidates

CHICAGO, May 28, 2013 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (Nasdaq:IPDN), a developer and operator of online networks that provide access to employment opportunities for diverse professionals in the United States ("Professional Diversity Network" or "PDN"), has added VetJobs.com to its roster of organizations that distribute thousands of jobs available through the PDN platform each year.

VetJobs.com is a leading website job board for military veterans, active duty military personnel who are in transition, and members of the National Guard and Reserve who have returned to the United States. VetJobs.com has received endorsements from veteran service organizations, including the Vietnam Veterans of America, the Association of the US Navy and the National Guard Association of the United States.

"We could not be more pleased to have VetJobs.com as a strategic partner in striving to put America's transitioning military and veteran candidates back to work," commented Rudy Martinez, Executive Vice President and CEO of iHispano.com Division. "We believe that the men and women who have served our country are some of the best talent available to help companies reach their diversity hiring goals."

About Professional Diversity Network

Professional Diversity Network develops and operates online networks dedicated to serving diverse professionals in the United States and providing them with access to employment opportunities. Professional Diversity Network offers employers who value diversity an online platform in which to identify and acquire diverse talent for their hiring needs. Professional Diversity Network owns and operates professional networking communities including: www.iHispano.com for Hispanic Professionals, www.AMightyRiver.com for African American professionals, www.WomensCareerChannel.com for Female Professionals, www.Military2Career.com for Veterans, www.ProAble.com for Professionals with Disabilities, www.OutProNet.com for professionals in the Gay Community, and www.AsianCareerNetwork.com for Asian professionals.  

For more information, visit: www.professionaldiversitynetwork.com

Safe Harbor under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 concerning Professional Diversity Network, its affiliations and alliances, the anticipated improvements in its services that may be realized in the future as a result, and its business strategies. These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or state other information relating to Professional Diversity Network, based on current beliefs of management as well as assumptions made by, and information currently available to, management. Forward-looking statements can generally be identified by words such as "may" "anticipate," "believe," "plan," "could," "estimate," "expect," "forecast," "guidance," "intend," "may," "possible," "potential," "predict," "project" or other similar words, phrases or expressions. These forward-looking statements are subject to various risks and uncertainties, many of which are outside of Professional Diversity Network's control. Therefore, investors and shareholders should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include Professional Diversity Network's ability to maintain its business relationships with its key customers; unanticipated changes and competition in the online recruitment market; unanticipated downturns in the economy; Professional Diversity Network's ability to generate recruitment revenue through direct sales, unexpected technical or marketing difficulties; unexpected claims, charges or litigation; and new laws and governmental regulations. The foregoing list of factors is not exhaustive. Investors and shareholders should carefully consider the foregoing factors and the other risks and uncertainties that affect Professional Diversity Network's business described in its Annual Report on Form 10-K. The forward-looking statements in this press release speak only as of the date they were made. Professional Diversity Network does not assume any obligation to update these forward-looking statements.

CONTACT: Professional Diversity Network
         Myrna Newman, CFO
         312-614-0931
         mnewman@prodivnet.com

         Investor Relations
         Michael Polyviou / Robert Jones
         EVC Group
         212-850-6020/646-201-5447
         mpolyviou@evcgroup.com / bjones@evcgroup.com

         Media Relations
         Rachelle Pachtman
         Pachtman Communications
         212-996-1715/646-287-2952
         rachelle@pachtman.com
Source: Professional Diversity Network, Inc.