Lapolla Obtains ICC-ES Approval on .5 pcf SPF for Insulation
Credential Eliminates Barrier to Entry in North American SPF Insulation Markets
HOUSTON, TX — (MARKET WIRE) — April 23, 2009 — Lapolla Industries, Inc. (LPAD.OB) (“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 air flow 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.
Lapolla Industries, Inc. Contacts:
Douglas J. Kramer, CEO
Paul Smiertka, CFO
Michael T. Adams, CGO