SOURCE: LaPolla Industries, Inc.

December 04, 2006 16:04 ET

LaPolla Announces Robert Miller as National Sales Manager

Continues to Expand Sales Force - Construction Products Division

HOUSTON, TX -- (MARKET WIRE) -- December 4, 2006 -- LaPolla Industries, Inc. ("LaPolla" or the "Company") (AMEX: LPA) today announced the promotion of Robert Miller to position of National Sales Manager, Construction Products Division.

Douglas J. Kramer, President and CEO of LaPolla, said, "This placement is another step in our long term strategy to further our focus and commitment to the commercial/industrial markets. We are now more strongly positioned to pursue market opportunities that are clear LaPolla core competencies and expect continued aggressive growth in 2007." "At this time, LaPolla has a firm foundation in infrastructure, marketing and sales leadership. We will continue to bring more segment focused product lines to the many sales channels we have in place and are developing in 2007," continued Mr. Kramer. "Mr. Miller has worked closely with me in the past and has been a proven performer over the last 18 years. He has an MBA from Western Michigan and has held management positions with Flexible Products, Dow Chemical and BASF," concluded Mr. Kramer.

About LaPolla Industries, Inc.

LaPolla Industries, Inc. is a national manufacturer and distributor focused on several basic segments: Coatings, Foam, Paints, Sealants, Adhesives, Equipment, and All Other. Within these business segments, LaPolla has invested resources in a variety of products targeting commercial and industrial and residential applications in the roofing, construction and paint industries. For additional information on LaPolla, please visit www.lapollaindustries.com.

Forward-Looking Statements

Statements made in this press release that are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21 of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are necessarily estimates reflecting the best judgment of senior management and express the Company's opinions about trends and factors which may impact future operating results. You can identify these and other forward-looking statements by the use of words such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential," "continue," or the negative of such terms, or other comparable terminology. Such statements rely on a number of assumptions concerning future events, many of which are outside of the Company's control, and involve risks and uncertainties that could cause actual results to differ materially from opinions and expectations. Any such forward-looking statements should be considered in context with the various disclosures made by the Company about its businesses including, without limitation, the risk factors described in the Company's periodic reports filed with the SEC. Although the Company believes its expectations are based on reasonable assumptions, judgments, and estimates, forward-looking statements involve known and unknown risks, uncertainties, contingencies, and other factors that could cause the Company or the Company's industries' actual results, level of activity, performance or achievement to differ materially from those discussed in or implied by any forward-looking statements made by or on the Company and could cause the financial condition, results of operations, or cash flows to be materially adversely affected. All information in this release is as of September 30, 2006. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

For further information regarding risks, uncertainties, and other factors associated with LaPolla's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of LaPolla's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of LaPolla's press releases and additional information about LaPolla is available on the World Wide Web at http://www.lapollaindustries.com.

Contact Information

  • Company Contacts:
    Douglas J. Kramer
    CEO
    John A. Campbell
    CFO
    Michael T. Adams
    CGO
    (281) 219-4700 (t)
    (281) 219-4701 (f)