Professional Diversity Network, Inc. (the “Company”) and NAPW, Inc., the Company’s wholly-owned subsidiary (“NAPW”), have entered into an agreement (the “Settlement Agreement”) with LinkedIn Corporation (“LinkedIn”) to settle the lawsuit LinkedIn filed against NAPW and the Company in September 2016, as previously disclosed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, which was filed with the Securities and Exchange Commission on November 14, 2016 and which is incorporated by reference in this Current Report on Form 8-K. The parties to the settlement have agreed to keep the terms of the Settlement Agreement confidential.

About Professional Diversity Network, Inc. (NASDAQ:IPDN)

Professional Diversity Network, Inc. is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service. The Noble Voice call centers qualify callers for real-time job placement. The PDN Network consists of various online professional networking communities dedicated to serving diverse professionals in the United States and employers seeking to hire diverse talent.

Professional Diversity Network, Inc. (NASDAQ:IPDN) Recent Trading Information

Professional Diversity Network, Inc. (NASDAQ:IPDN) closed its last trading session up +1.30 at 11.50 with 159,071 shares trading hands.