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Norman Economic Development Coalition
                              710 Asp Ave., Suite 100
                              Norman, Oklahoma 73069
                              Office: 405.573.1900
                              Fax: 405.573.1999
 

PRESS RELEASE

July 13, 2011                                Contact Information:
FOR IMMEDIATE RELEASE                        Jillian Ward
                                             NEDC Public Relations Intern
                                             Office: (405) 573-1900
                                             E-mail: intern@nedcok.com


          FORWARD THINKING COMPANY AIMS TO IMPROVE EDUCATION
              NextThought addresses educational problems with technology

NORMAN, OKLA.—Ken Parker and a talented team launched a Norman-based educational

technology company, NextThought, in April 2011 to create a platform for delivery and creation

of online education that could change the way that people learn.

       NextThought is currently operating out of the Emerging Technology Entrepreneurial

Center (eTec), a technology based business incubator operated by the Norman Economic

Development Coalition (NEDC), where its team aims to tackle educational issues with

technology and customization.

       “It is tragic when someone has the ability and desire for education, but no opportunity.

Using technology and the Internet, NextThought is designed to make quality education more

accessible, regardless of income or location,” says Parker.

       According to Parker, students’ achievement highly depends on the quality and quantity of

the local teachers and schools. NextThought plans to support students, teachers and schools with

a unique educational platform based upon proven technology with research, content and delivery

contributed by many resources.

       Parker compares the modern educational system to the principles of the Industrial

Revolution, where efficiency and standardization were key concepts. Now he claims we need a


                                              -more-
NextThought online education, page 2

“learner-centric system” where custom learning is available. Instead of learning in ‘batches’

grouped by age and location, students will have a personal learning journey with interactive and

adaptive content, instant feedback, and online communities of fellow learners.

       “The assembly-line education process will not be effective. People are not the same;

everyone has different strengths and weaknesses. NextThought provides a personal tutor in every

topic so each student can progress at their own speed,” says Parker.

       NextThought is designed to support various educational needs with one technology

platform. This will enable a global education marketplace, which creates high-paying jobs,

enhanced opportunities for teachers and students, and a new way to write and deliver content.

       This marketplace will offer online interactive content, classrooms and educational

communities. Multiple authors will be able to contribute content and teachers can interact with

students, allowing them to learn at an optimal speed and level.

       Parker claims this platform will allow NextThought to realize its mantra of “Change the

World, Have Fun, Make Money – in that order.”

       Don Wood, executive director of NEDC, says of Parker, “Ken has previously

demonstrated his talents in a venture startup, RiskMetrics, and we are excited about his new

venture, NextThought. He has put together a talented staff, which we expect great things from.”

       Ken Parker earned his bachelor’s degree in mathematics and computer science from

Oklahoma Christian University and a computer science master’s degree from the University of

Colorado at Boulder. He currently serves on advisory boards at the University of Oklahoma’s

school of computer science and MBA program.

       NextThought is located at 710 Asp Ave., Suite 400, Norman, OK 73069. For more

information, email info@nextthought.com.




                                              ‐###‐ 

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Norman startup aims to improve education with online platform

  • 1. Norman Economic Development Coalition 710 Asp Ave., Suite 100 Norman, Oklahoma 73069 Office: 405.573.1900 Fax: 405.573.1999   PRESS RELEASE July 13, 2011 Contact Information: FOR IMMEDIATE RELEASE Jillian Ward NEDC Public Relations Intern Office: (405) 573-1900 E-mail: intern@nedcok.com FORWARD THINKING COMPANY AIMS TO IMPROVE EDUCATION NextThought addresses educational problems with technology NORMAN, OKLA.—Ken Parker and a talented team launched a Norman-based educational technology company, NextThought, in April 2011 to create a platform for delivery and creation of online education that could change the way that people learn. NextThought is currently operating out of the Emerging Technology Entrepreneurial Center (eTec), a technology based business incubator operated by the Norman Economic Development Coalition (NEDC), where its team aims to tackle educational issues with technology and customization. “It is tragic when someone has the ability and desire for education, but no opportunity. Using technology and the Internet, NextThought is designed to make quality education more accessible, regardless of income or location,” says Parker. According to Parker, students’ achievement highly depends on the quality and quantity of the local teachers and schools. NextThought plans to support students, teachers and schools with a unique educational platform based upon proven technology with research, content and delivery contributed by many resources. Parker compares the modern educational system to the principles of the Industrial Revolution, where efficiency and standardization were key concepts. Now he claims we need a -more-
  • 2. NextThought online education, page 2 “learner-centric system” where custom learning is available. Instead of learning in ‘batches’ grouped by age and location, students will have a personal learning journey with interactive and adaptive content, instant feedback, and online communities of fellow learners. “The assembly-line education process will not be effective. People are not the same; everyone has different strengths and weaknesses. NextThought provides a personal tutor in every topic so each student can progress at their own speed,” says Parker. NextThought is designed to support various educational needs with one technology platform. This will enable a global education marketplace, which creates high-paying jobs, enhanced opportunities for teachers and students, and a new way to write and deliver content. This marketplace will offer online interactive content, classrooms and educational communities. Multiple authors will be able to contribute content and teachers can interact with students, allowing them to learn at an optimal speed and level. Parker claims this platform will allow NextThought to realize its mantra of “Change the World, Have Fun, Make Money – in that order.” Don Wood, executive director of NEDC, says of Parker, “Ken has previously demonstrated his talents in a venture startup, RiskMetrics, and we are excited about his new venture, NextThought. He has put together a talented staff, which we expect great things from.” Ken Parker earned his bachelor’s degree in mathematics and computer science from Oklahoma Christian University and a computer science master’s degree from the University of Colorado at Boulder. He currently serves on advisory boards at the University of Oklahoma’s school of computer science and MBA program. NextThought is located at 710 Asp Ave., Suite 400, Norman, OK 73069. For more information, email info@nextthought.com. ‐###‐