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Confidential. All Rights Reserved
Investor Presentation
W. Kent Anger, PhDPresident
1
Elevator Pitch/Executive Overview
Confidential. All Rights Reserved
Northwest Education Training and Assessment
develops highly interactive, behavior-based
computer/internet-delivered training that
educates workers and managers in skills,
safety, health and wellness with proven,
measurable results for
all cultures and all education levels.
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Problem Engaging, effective computer-based training is an oxymoron.
Computer-based training is designed mostly for the well educated, yet the U.S. workforce includes many HS graduates and immigrants with marginal or limited educationwho need training.
Workplace safety, health, wellness,well-being trainingis needed foreveryone.
Confidential. All Rights Reserved
3
Interactive training that wins high marks from virtually all users (below)
~950 County Govt Supervisors ratings
Solution – training people like
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Post-tests demonstrate learning in all populations (examples)
Solution – Training everyone learns from
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Observational recordings show learning led to behavior change (below)
Solution – Training that changes behavior
Companies can use existing training or create their own training titles
User organizations include companies, government, universities
Training taught workers to keep loppers away from their face Drywallers taught to reduce ergonomic injury risks (below)
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Occupational/workplace training spans all industries
National US (internal) training expenditures
NwETA titles provide baseline safety/skills training for diverse industry sectors
Relevance, cost and speed of training completion are purchasing drivers
Competition: Web training programs; training development companies Confidential. All Rights Reserved
Market Opportunity
$87.5 B in 2012
Oregon Market Small businesses spend $1,605/employee for all training *2M employed in 86,000 small businesses (<500) in Oregon **$1.8B spent on training in Oregon small businesses (1605 x .56 x 2M)
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* ASTD 2012** US Small Business Admin. 2010
Proven, behavior-based computer training technology
Published, peer reviewed articles illustrating knowledge and behavior changes with NwETA programs.
OHSU copyright asserted in publications.
cTRAIN & BARS licensed from OHSU, with 2% royalty.
Confidential. All Rights Reserved
IP/Technology
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Milestones
Confidential. All Rights Reserved
Built cTRAIN software into commercial product
2008
Formed NwETA to evolve training software
2002
Built BARS assessment into commercial product
2012
2013
Developed cTRAIN, BARS and 9BUTTON hardware
2000
2014
Internet delivery of cTRAIN training titles
Mobile-aware training delivery
2014
Demonstrated tablet delivery vs. 9BUTTON+computer
2014
Online store for marketing
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Populations Agriculture Titles/Topics Orchard workers - ladder safety *
Vineyard workers - safety/skills - Worker Protection Standard *- Supervisor Skills *
Pesticide applicators – pesticide application knowledgeBanking
Bank managers - domestic violence at work *Construction
Drywall finishers - ergonomic work practicesEducation
Graduate students - lab safetyGovernment
City/County gov’t mgrs – FMLA/OFLA & domestic violence at work *Retail
Food service workers - slips and falls *Grocery store managers - work-life balance *
Transportation Truck drivers - safety + wellness *
Health Care Nurses/long term care – work-life balance (wlb)
Technology Information Technology – wlb
Training Delivered
Over 1500 people trained in research studies
*= published in peer-reviewed journals
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Software supported over $25 M in grants to OHSU NwETA has earned $500,000 through 2014 + $100,000 STTR (03-04) Partners benefiting from grant titles:
-- International Union of Painters & Allied Trades*-- Bear Creek Corp. (Harry & David orchards)**-- Elk Cove, Adelsheim, and Archery Summit Vineyards,
NW Vineyard Management**-- 26 Oregon County Governments** (*use or **interested in continued use of titles)
-- Gresham City Government -- MBank-- Unnamed grocery chain, tech company, and long term care
hospital Sold title development to:
-- WA Restaurant Association-- NIOSH-- WA SHARP
Confidential. All Rights Reserved
Revenue
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Series A Round Funding: $1.75 Million
Complete primary cTRAIN features
Improve robustness of online store & populate with new titles
Extend market titles, editing and assessment software
Build sustainable sales of existing training titles (2015)
Add critical executive personnel, i.e., CEO, VP of Marketing,
Director of Operations.
Evolve cTRAIN Manager software to handle large sales volumes
Confidential. All Rights Reserved
Funding Sought
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Kent Anger, PhD President; Senior Scientist, Associate Director at Occupational Health Sciences (OHSU); Director, Oregon Healthy WorkForce Center; OHSU Senate Collaboration Award (2014). Research Psychologist, conducts research on health/safety/wellness training in lab and field settings, and neurotoxicity in adults. Expertise: Research design, training content development, delivery
Diane Rohlman, PhD, Vice President; Associate Professor at Univ. of Iowa, part-time at OHSU. Research psychologist/cognitive emphasis who specializes in neurotoxicity research with children and Total Worker Health (TWH).Expertise: Research design/analysis, field research, training delivery
David Eckerman, PhD, Science Advisor; participates in management)
Dan Storzbach, PhD (Clinical Advisor for assessment)
Confidential. All Rights Reserved
Management
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