Contact Information: Company Contacts: Douglas J. Kramer CEO Michael T. Adams CGO Paul Smiertka CFO Marc Kast General Manager, Canada (281) 219-4700
Lapolla Announces Canadian Product Approval
Expands Sales Focus and Distribution Into Canadian Markets
| Source: Lapolla Industries, Inc.
HOUSTON, TX--(Marketwire - April 17, 2009) - Lapolla Industries, Inc. ("Lapolla")
(OTCBB : LPAD ), a Houston-based manufacturer and supplier of energy-efficient
spray foam for insulation and specialty coating systems, announces Canadian
Product Approval and the expansion of its sales focus and distribution into
Canadian Markets. Lapolla recently opened its Canadian-based headquarters
in Toronto, Ontario and appointed Marc Kast as General Manager, Lapolla
Canada.
"Mr. Kast's experience spans over 25 years in the Canadian spray foam
insulation industry and related equipment business. We are proud to offer
our comprehensive products and services in this very important insulation
market. With Marc's and Lapolla's long standing relationships, from St.
John's to Victoria, we are optimistic about our swift market participation
and long-term success," stated Douglas J. Kramer, President and CEO of
Lapolla.
The Lapolla technical staff, with support from Bodycote Testing Group,
successfully achieved the CCMC Approval, which allows Lapolla market access
with its Foam-LOK™ spray polyurethane insulation systems throughout
Canada. Graco, Inc. has also endorsed Lapolla Canada with a National
Authorized Equipment Distributorship.
"We are very pleased with the significant network of distribution partners
we have recently added and look forward to establishing additional
relationships to ensure broader market access," said Marc Kast, Lapolla
Canada General Manager.
Lapolla spray foam insulation systems provide energy savings, improved air
quality, comfort, and sustainable performance. The spray applied
technology is fully adhered, provides high insulation value, and eliminates
air infiltration, which can be as much as 40% of energy loss.
Lapolla is a proud Manufacturer and Supplier member of the Canadian
Urethane Foam Contractors Association (CUFCA) and currently holds a seat on
the CAN/ULC task group.
About Lapolla Canada
Lapolla Canada's portfolio includes Foam-LOK™ spray foam insulation
systems, Graco® and Glascraft® spray equipment and parts, custom built
spray foam rigs, training, and technical support.
About Lapolla Industries, Inc.
Lapolla Industries, Inc. is a large manufacturer and supplier of insulation
foam and coating products targeting commercial, industrial and residential
applications in the roofing and insulation construction industries.
Additional information about Lapolla is available on the World Wide Web at
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 below. All information in this release is as of the date hereof.
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.