Professional Diversity Network, Inc. Updates Chinese Initiatives

Professional Diversity Network, Inc. Updates Chinese Initiatives

Announces Location for First Nasdaq Global Capital Summit (NGCS) Forum Taking
place December 2 – 4, 2017 at the Beijing Qiuhua Resort

CHICAGO, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network,
Inc. (NASDAQ:IPDN) (“PDN” or the “Company”), a global developer and operator
of online and in-person networks that provide access to networking, training,
educational and employment opportunities for diverse individuals, today
updated investors on recently announced Chinese initiatives scheduled
throughout the balance of 2017.

The Company has begun to promote the NGCS throughout China. Early indications
are that the event is of interest to many entrepreneurs in China who respect
and value the NASDAQ brand. Furthermore, the Company is receiving very
positive feedback about the topic of the forum, and especially about Vice
Chairman of the Nasdaq, Mr. Bruce Aust’s participation

On August 18, 2017, The Company announced its partnership with the Women’s
Forum for the Economy & Society (“Women’s Forum”) and that its President, Star
Jones, will be a featured speaker at the Women’s Forum 2017 Global Meeting
(“WFGM event”).

The Women’s Forum is the world’s leading platform featuring women’s voices on
major social and economic issues. The flagship WFGM event will be held on
October 5-6, 2017 in Paris, with an anticipated 70 countries represented by
over 1,500 delegates. The Company’s President, Star Jones, will be a featured
speaker, presenting workshops and participating in plenary sessions on
“Creating impact through women’s networks” and “How businesses can be more
‘human’.”

On September 12, 2017, the Company announced that on December 2, 2017, it will
hold its First Nasdaq Global Capital Summit Forum, an exclusive forum focused
on entrepreneurialism in Beijing, China at the Qiuhua Resort.

The event will be headlined by Bruce Aust, Vice Chairman of Nasdaq and hosted
by PDN President Star Jones. The event is expected to be the Company’s highest
attended event, potentially drawing as many as 5,000 paid participants,
setting the stage for the Company’s 2018 growth plans.

In his role, Mr. Aust works closely with Nasdaq’s Global Listing Services unit
to assist clients and prospects worldwide. Mr. Aust also serves as President
of the Nasdaq Entrepreneurial Center (the “Center”), located in San Francisco,
and played an integral role in the creation and launch of the Center, which
was established in 2014. The Center serves the greater Bay Area community
through differentiated events, meaningful entrepreneurial education, and a
strong commitment to mentorship.

Previously, Mr. Aust served as Executive Vice President, Global Listing
Services, a role in which he oversaw Nasdaq’s new listings and capital market
business as well as global business development and relationship management
with the companies listed on Nasdaq’s 16 listing markets worldwide. 

During Mr. Aust’s tenure, Nasdaq attracted some of the country’s
highest-profile IPOs, including Google, GoPro, Dunkin Donuts, Carlyle, JD.com,
Markit, Splunk, Tesla, and Facebook, as well as NYSE company switches
including American Airlines, Marriott, Mattel, Vodafone, DreamWorks, Texas
Instruments, Viacom, Office Depot and Kraft Foods Group. Since 2005, Nasdaq
has welcomed over $1T in market cap value of companies switching from the
NYSE.

“I am particularly excited that Mr. Aust will be headlining our event on
entrepreneurialism. I have known him throughout his successful leadership of
Nasdaq and am thrilled that he will bring his commitment to global
entrepreneurship to PDN as we continue the expansion of our company,” said Ms.
Jones.  Jones continued, "It is a natural fit in light of Nasdaq being the
home of many of the world’s most disruptive and innovative companies that were
born out of entrepreneurial spirit.”

About Professional Diversity Network (PDN)

Professional Diversity Network, Inc. (PDN) is a global developer and  operator 
of online and in-person networks that provides access to networking, training,
educational and employment opportunities for diverse professionals. We operate
subsidiaries in the United States and China including National Association  of 
Professional Women  (NAPW),  which is  one  of the  largest,  most  recognized 
networking organizations of professional women  in the country, spanning  more 
than 200 industries and professions, and  Noble Voice, a career placement  and 
career counseling call center. 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 
comply with  the  Equal  Employment Opportunity  Office  of  Federal  Contract 
Compliance Program. 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.

Forward-Looking Statements

This press release  contains certain forward-looking  statements based on  our 
current  expectations,  forecasts  and  assumptions  that  involve  risks  and 
uncertainties. This  release  does  not  constitute an  offer  to  sell  or  a 
solicitation of offers to  buy any securities  of any entity.  Forward-looking 
statements in this release are based on information available to us as of  the 
date hereof. Our  actual results may  differ materially from  those stated  or 
implied in such  forward-looking statements,  due to  risks and  uncertainties 
associated with our business, which include the risk factors disclosed in  our 
most recently filed Annual Report on  Form 10-K and in our subsequent  filings 
with  the  Securities  and  Exchange  Commission.  Forward-looking  statements 
include  statements  regarding  our   expectations,  beliefs,  intentions   or 
strategies regarding the future and can be identified by forward-looking words
such as  "anticipate,"  "believe," "could,"  "estimate,"  "expect,"  "intend," 
"may," “plan,” "should," and "would" or similar words. We assume no obligation
to update the information included in this press release, whether as a  result 
of new information, future events or otherwise. Our most recently filed Annual
Report on  Form 10-K,  together  with this  press  release and  the  financial 
information contained herein, are available on our website, www.prodivnet.com.
Please click on "Investor Relations."

CONTACT: Professional Diversity Network, Inc.

Jason Assad – Investor Relations
Jassad@prodivnet.com 
678-570-6791

Jim Kirsch – Co-Executive Chairman
jkirsch@prodivnet.com 
312-614-9021

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