Contact Information: Lapolla Industries, Inc. Contacts: Douglas J. Kramer, CEO Paul Smiertka, CFO Michael T. Adams, CGO (281) 219-4700
Lapolla Obtains ICC-ES Approval on .5 pcf SPF for Insulation
Credential Eliminates Barrier to Entry in North American SPF Insulation Markets
| Source: LaPolla Industries, Inc.
HOUSTON, TX--(Marketwire - April 23, 2009) - Lapolla Industries, Inc. (OTCBB : LPAD )
("Lapolla"), a Houston-based manufacturer and supplier of spray foam
insulation, coatings, and equipment designed to reduce energy consumption
in the commercial and residential new construction and retrofit markets,
today announced that its half pound spray foam insulation has been approved
for use in wall cavities, floor and ceiling assemblies, and attic and crawl
space applications by ICC Evaluation Service, Inc. (ICC-ES).
"This credential represents a turning point for Lapolla and effectively
eliminates the product approval barrier to entry in North American markets
for Lapolla's spray foam insulation," stated Douglas J. Kramer, President
and CEO of Lapolla.
Lapolla's low-density open-cell spray foam insulation, branded Foam-LOK™
(FL500) and AirTight™ OC, is installed as a nonstructural component of
floor/ceiling and wall assemblies, in residential, commercial and
industrial buildings. It is spray applied and expands to help seal the
building envelope. Sealing the building envelope prevents conditioned
indoor air from escaping and unconditioned air from entering a building.
Uncontrolled airflow in a building can be responsible for as much as 40% of
energy loss. Lapolla's finished product is a cost-effective solution
providing improved occupant comfort, better air quality, superior noise
reduction, and greater energy savings over conventional insulation systems.
"Design professionals, contractors, building inspectors and engineers look
for advanced insulation systems that not only offer energy-saving solutions
but also have a proven record of performance and rely on ICC-ES as a
validation resource. The ICC-ES report certifies Foam-LOK (FL500) and
AirTight OC spray foam insulation complies with essential building codes
and provides building professionals, code officials, and consumers alike
decisive assurance of quality standards and value," concluded Mr. Kramer.
About ICC Evaluation Service, Inc.
ICC-ES is the United States' leading source of technical information on
building products and building technology for code compliance. A
nonprofit, public-benefit corporation, ICC-ES performs technical
evaluations of building products, components, methods, and materials. The
evaluation process culminates with the issuance of reports on compliance
with the major U.S. building codes, which are available at www.icc-es.org.
About Lapolla Industries, Inc.
Lapolla Industries, Inc. is a leading manufacturer and supplier of spray
polyurethane foam for insulation and coatings targeting commercial and
residential applications in the building envelope construction industries.
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. 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. 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 Lapolla's SEC filings, including, but not limited to, its
annual report on Form 10-K and quarterly reports on Form 10-Q, which are
available at www.lapollaindustries.com.