Confidential. All Rights Reserved Investor Presentation W. Kent Anger, PhD President kent@nweta.com...

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Transcript of Confidential. All Rights Reserved Investor Presentation W. Kent Anger, PhD President kent@nweta.com...

Confidential. All Rights Reserved

Investor Presentation

W. Kent Anger, PhDPresident

kent@nweta.com

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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.

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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.

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IP/Technology

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Milestones

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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

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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

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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)

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Management

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