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.
“We are excited to see the synergy we had planned for between
the two entities is coming to fruition right out of the gate,
providing broader accessibility for employers and job seekers to
engage,” said Adam He, CEO of PDN. “The Chicago event will be the
first of many hybrids, co-produced events including the upcoming
April event in Boston, for which we already have some key employers
attending, and the October event in Chicago.”
The event included two pavilions: a Professional Diversity
Pavilion and an Engineering, Technology and Security Clearance
Pavilion, designed to attract diverse candidates who may also have
STEM-based background. The event provided both employers and job
candidates the option to participate virtually or in-person. For
job seekers attending in-person, they were able to interact with
the employers on-site, and scan a QR code to access employers at
the virtual fair as well. The event had over 330 candidates
registered, of whom 161 candidates attended the event virtually
only and 90 attended in-person, and nearly 150 attendees were
invited to attend a virtual or in-person interview. Participating
employers included United States Department of Treasury, United
States ARMY Corps of Engineers, NAVY, Agility, United States
Nuclear Regulatory Commission, and Associates Bank, among many
others.
“As companies and job seekers try to navigate recruiting and job
hunting Post-COVID, our hybrid model provides comfort and choices
for both parties,” said Mike Hall, Vice President of Event Sales at
PDN.
“We were pleased to see that some employers found their ‘needle
in a haystack’ candidate that we were told will definitely be back
for follow up interviews,” said Susan Turner, President of Expo
Experts.
Follow up discussions with employers that attended the event
noted that they are already scheduling follow up second round
interviews with STEM/Clearance based candidates and PDN based
candidates. Also, there are additional candidates that will
either be screened or placed in the pipeline for further
evaluations by an attending employer.
About Professional Diversity Network, Inc.
Professional Diversity Network, Inc. (PDN) is a developer and
operator of online and in-person networks that provides access to
networking, training, educational and employment opportunities for
diverse professionals. Through an online platform and our
relationship recruitment affinity groups, we provide our employer
clients a means to identify and acquire diverse talent and assist
them with their efforts to recruit diverse employees. Our mission
is to utilize the collective strength of our affiliate companies,
members, partners and unique proprietary platform to be the
standard in business diversity recruiting, networking and
professional development for women, minorities, veterans, LGBT and
disabled persons globally.
For more information about PDN, please visit:
www.prodivnet.com
Forward-Looking Statements
This press release contains information about PDN's view of its
future expectations, plans, and prospects that constitute
forward-looking statements. These forward-looking statements are
made under the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, as amended. All
statements other than statements of historical facts in this
announcement are forward-looking statements, including, but not
limited to: any projections of earnings, revenue, or other
financial items; any statements regarding the adequacy,
availability, and sources of capital, any statements of the plans,
strategies, and objectives of management for future operations; any
statements regarding the future benefits of the investment
described in this release, including the development of new revenue
streams or the availability of distributions on any securities; any
statements relating to the future reinstatement of the license
described in this release by the applicable regulatory authorities;
any statements concerning proposed new products, services, or
developments; any statements regarding future economic conditions
or performance; any statements of belief; and any statements of
assumptions underlying any of the foregoing. In addition, there is
uncertainty about the continuous spread of the COVID-19 virus and
the impact it may have on the Company’s operations, the demand for
the Company’s products, and global economic activity in general.
PDN may also make written or oral forward-looking statements in its
periodic reports to the SEC, in its annual report to shareholders,
in press releases and other written materials, and in oral
statements made by its officers, directors, or employees to third
parties. Statements that are not historical facts, including
statements about PDN’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties, whether known or unknown, and are
based on current expectations and projections about future events
and financial trends that the Company believes may affect its
financial condition, results of operations, business strategy, and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as “may,” “will,” “will make,”
“will be,” “expect,” “anticipate,” “aim,” “estimate,” “intend,”
“plan,” “believe,” “potential,” “continue,” “endeavor to,” “is/are
likely to,” or other similar expressions. Further information
regarding these and other risks is included in our annual report
and other filings with the U.S. Securities and Exchange Commission
(the “SEC”). All information provided in this press release is as
of the date of this press release, and PDN undertakes no obligation
to update any forward-looking statements, except as may be required
under applicable law.
Press Contact for IPDN:
For further information, please contact:
Professional Diversity Network, Inc.Tel: (312)
614-0950Email: investors@ipdnusa.com
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