Professional Diversity Network, Inc. Subsidiary IAW Announces Launch of Virtual Networking Platform

CHICAGO, Aug. 10, 2020 (GLOBE NEWSWIRE) -- International Association of Women (“IAW”) today announced the launch of extended virtual programs. IAW is the subsidiary of 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.

Earlier this year, IAW launched two new initiatives to provide support and resources to help connect women: Regional Networking Events and Virtual Networking Roundtables. According to a recent survey conducted by Professional Convention Management Association (“PCMA”), a widely recognized network of business events strategists, 87% of event industry professionals said they have canceled — and 66% have postponed — events as a result of COVID-19. Seven out of 10 respondents have moved their face-to-face events partially or fully to a virtual platform, and believed these types of events will continue alongside in-person events in the future. Therefore, IAW recognizes that now more than ever, virtual events are key to continuing to foster networking opportunities that bring our members together, and we were excited to announce these two innovative programs.

"These dynamic events connect women to a community that is supportive, inspirational, and motivating," Megan Bozzuto, VP of Marketing & Membership Experience said. "IAW members feel supported during a very difficult time, and we've seen powerful relationships formed through these interactive virtual experiences."

Regional Networking Events are hosted through Zoom meetings, which allows for interaction through video and chat. Keynote speakers provide collaborative content that inspires, motivates and educates viewers. Past topics have covered personal branding, confidence in women, motivation, and building an elevator pitch. Meeting participants also take part in breakout rooms, which allow for small-group discussion and networking. These events are open to the public and can be accessed through iawomen.com/events.

"While we can't replicate the experience that takes place at our in-person events, we are confident that these Regional Networking Events provide a positive alternative," Ms. Bozzuto added.

In addition to Regional Networking Events, IAW Virtual Networking Roundtables are member-only sessions hosted by our Influencer-level members, focused on a specific topic and allow for sharing of resources, discussion, and collaboration. These small-group conversations provide Influencer-level members an opportunity to promote themselves to the network. Members who participate are able to network, share information and resources, and connect with one another. Sessions are hosted two to three times a week. Topics included marketing, confidence, writing skills, personal branding, motivation, health, and online presence.

Access to a strong network of professional women is a signature benefit of IAW membership, and it is especially important during these difficult times. By offering these innovative virtual initiatives, IAW continues its commitment to helping our members stay connected with a community of supportive, inspiring women.

About Professional Diversity Network, Inc.

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. 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.

About International Association of Women (IAW)

The International Association of Women (IAW) is a global in-person and online professional networking platform that provides women the forum, professional development and services needed to thrive in an interconnected world. Members cultivate valuable connections, develop professionally and promote themselves and their businesses.

Learn about upcoming regional networking events: /events

Learn more about IAW Membership & Benefits:

Forward-Looking Statement

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. 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 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.

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Source: Professional Diversity Network, Inc.