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
recent progress in preparation for the Company’s largest event to
date, its first annual International Capital Leadership Summit, an
exclusive forum focused on entrepreneurialism.
The event, produced as a series of summit
events, will be held on December 2-3, 2017 in Beijing, China at the
Jiuhua Resort. The event company behind the event is Shanghai
Yuanfu Cultural Company, known for previously having worked on
the Olympics. The host sponsor is Xinhua News Agency / China
Fortune Media Group and the event is organized by PDN (China)
International Culture Development Co. Ltd.
As part of PDN’s relationship with China Fortune
Media Group, together the parties intend to establish an
international elite entrepreneurial club working with national and
foreign capital, investment banks, and projects and listed
resources with a goal of establishing a platform with capital and
financial resources both at home and abroad. China Fortune Media
Group was founded and established by the Xinhua News Agency and
approved by the State Council and the Central Publicity Department.
It consists of China Securities Journal, Shanghai Securities News,
Economic Information Daily, Xinhua Publishing House, China Fortune
Net and Huaxin Asset Management company. The group was created by
Xinhua News Agency as a comprehensive, state-of-the-art
technological, omni-media modern media group.
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.
The Company has been promoting the event
throughout China. Early indications are that the event is of
interest to many entrepreneurs in China who respect and value the
NASDAQ brand. In addition, the Company has received positive
feedback about the topic of the forum, and especially about Vice
Chairman of the Nasdaq, Mr. Bruce Aust’s participation. Mr. Aust
will participate in an exclusive one-on-one Q&A session with
PDN President Star Jones. Following, they will be joined by other
prominent Chinese CEOs for a roundtable discussion.
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.
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 excited and looking forward to conducting
the one-on-one with Mr. Aust. 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
RelationsJassad@prodivnet.com678-570-6791
Jim Kirsch – Co-Executive
Chairmanjkirsch@prodivnet.com312-614-9021
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