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Lapolla Industries Announces Upgrade to OTCQX®

Lapolla Industries Announces Upgrade to OTCQX

HOUSTON–(BUSINESS WIRE) — Lapolla Industries, Inc. (“Lapolla” or “Company”) (LPAD), a Houston-based global supplier of energy saving products, today announced it has qualified and started trading on the OTCQX® Best Market, operated by OTC Markets Group, effective July 1, 2016.

The OTCQX market is reserved for established, investor-focused U.S. and global companies that meet high financial standards, provide timely news and disclosure to investors, and are sponsored by a professional third-party advisor.

Douglas J. Kramer, President and CEO of Lapolla, stated, “Moving up to OTCQX is an important strategic step in our investor outreach commitment. Being traded on OTCQX will allow for greater exposure, accessibility, and liquidity from the investment community as we execute on our global strategy to deliver our energy saving products to key markets around the world.”

Lapolla is the first manufacturer, globally, to commercialize a third party tested and approved wall foam insulation system that uses an HFO cutting edge technology, offering an environmentally friendly, zero ODP and ultra low GWP. Lapolla’s FOAM-LOK 2000-4G (4th Generation) not only delivers environmental benefits that are 99.9 percent better than today’s most commonly-used blowing agents, the 4G now provides enhanced insulation values and yield from previous generation technology, bringing economic and bottom-line value to contractors and consumers.

Kramer continued, “Our global network of independent distribution and installing contractors continues to grow. The technology is at a tipping point of becoming mainstream around the world, providing Lapolla an opportunity to lead the transition from traditional insulation systems to advanced technology, literally changing the way in which we design and construct buildings, with an outcome of tighter, stronger and more energy efficient structures. Lapolla’s 4G advanced technology enters the global markets well ahead of eventual mandates by the US EPA and other foreign government mandates for change. These changes come as a result of the globally recognized initiatives, such as the Montreal Protocol, requiring reductions in greenhouse gases. Many countries around the world, from Europe, Scandinavia, the Middle East and South America, have already set required timelines for change, some currently implementing tariffs on old technology to encourage quicker adoption.”

As a result of Lapolla’s leadership in driving change, Kramer was invited to the White House to participate in the Executive Roundtable of the President’s Climate Action Plan. Kramer is now a regular participant at this annual event at the White House and Lapolla has since been named a Partner to the White House in the President’s Climate Action Plan. Kramer commented, “It’s been gratifying to get this recognition and to help lead such an important charge while knowing that the ultimate consumer value is so profound.”

Ty Pennington, from two time Emmy award winning Extreme Makeover – Home Edition (broadcasted on ABC), is the celebrity spokesman for Lapolla. Kramer said, “Driving consumer awareness and pull through is our goal as all consumers are looking for ways to gain not only energy savings, but also high performance homes.” Pennington commented, “This is personal for me. My mother struggled for many years with asthma and we are all aware of the growing epidemic levels of respiratory sensitivities. Lapolla’s 4G helps create better air quality by eliminating unwanted, unconditioned air, from entering the building. These airborne pollutants are one of the growing reasons for the surge in asthma among children. I have Lapolla 4G technology in my home,” said Pennington.

“At the end of the day, the clear global strategy, the strong management team, the 4G advanced technology, the global network, the consumer messaging, and the financial results, will drive shareholder value,” Kramer concluded.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Lapolla on www.otcmarkets.com.

About Lapolla Industries, Inc.

Lapolla Industries, Inc. is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, Texas, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the built environment, across the residential, commercial and industrial sectors, in both new construction and retrofits. Visit Lapolla Industries at www.lapolla.com.

Forward Looking Statements

Statements made in this press release that are not historical facts constitute “forward-looking statements” pursuant to Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and Private Securities Litigation Reform Act of 1995. Any such forward-looking statements should be considered in context with various disclosures made by Company about its business. All information as of date hereof. Company undertakes no duty to update any forward-looking statement.

 

Investor Relations Contact:

Michael T. Adams, EVP

Tel: (281) 219-4700

Email: info@lapolla.com

home improvement insulation spray foam pennington

ProudGreenHome.com – 2015 IBS Interview with Ty Pennington

IBS Interview: Ty Pennington talks spray foam insulation

ProudGreenHome.com talked with Ty at the Lapolla Industries booth at the International Builders’ Show, where the conversation ranged over many building science topics, along with Doug Kramer, president and CEO of Lapolla.

Pennington talked about the benefits of spray foam insulation, which can maximize a homeowners investment by sealing the building envelope to stop conditioned indoor air from escaping and prevent unconditioned air from entering a home. Air exchange in and out of a home is a leading cause of escalated energy bills. The mechanical systems that heat and cool buildings are continuously operating; reducing extreme temperature variations saves on the overuse of mechanical systems and leads to lower energy bills.

Read the full article at proudgreenhome.com

lpad lapolla industries home improvement insulation video series

Behind-The-Scenes With Lapolla & Ty Pennington

lapolla ty pennington spray foam insulation movieRecently, Lapolla's new spokesperson Ty Pennington visited Houston, TX, for a 2-day studio shoot with Lapolla Industries. New footage was recorded for our #LiveGreenEveryDay campaign, which started on Earth Day 2014 educating our audience on the green characteristics of insulating with Lapolla's spray foam insulation, in addition to several other new campaigns.

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We hosted Ty at the Emmy award winning Silver Rock studios in The Woodlands, TX, with video production by Skyline Movement. It was an absolute pleasure to record in an inspirational structure with such a talented group of professionals.

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Be sure to visit our social media channels (Facebook, Google+, Twitter, Pinterest, and Tumblr) for more behind-the-scenes footage.

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Always stay connected to Lapolla for more information on our upcoming campaigns with Ty Pennington, the latest updates on Solstice LBA, FOAM-LOK, the AirTight Multifamily Energy Reduction Program, spray foam insulation and roofing education, and more.

Photo credits: Lapolla Industries, Silver Rock Studios, Epic Software Group

go-green, live-green

Lapolla Industries Celebrates Earth Day with “Live Green Every Day” Campaign Promoting Awareness of Environmentally Friendly Home Construction

A&E Network’s “Flipping Boston” to Feature Lapolla’s Energy Efficient Foam As Critical Part of Home Renovation on April 19th

HOUSTON–Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment is celebrating Earth Day, on April 22, by encouraging contractors and home owners to recognize the benefits of spray foam insulation and launching its “Live Green Everyday” campaign.

The “Live Green Everyday” campaign will focus on raising consumer and contractor awareness about environmentally friendly home renovation options and their benefits. The campaign will be rolled out on Lapolla’s website, <www.lapolla.com, throughout Q2.

“With the warmer weather comes the start of home construction and renovation season. Combined with the destructive nature of this past winter’s storms, this is an ideal opportunity for contractors and home owners to recognize the long term value of using spray foam insulation on roofs and walls, among other environmentally friendly, energy efficient upgrades they can make,” said Doug Kramer, President and Chief Executive Officer of Lapolla Industries.

Lapolla’s environmentally friendly products are top of mind this spring home renovation season, as they are designed to reduce energy consumption in the residential, industrial and commercial markets for both new construction and retrofit applications.

Kramer continued, “Spray foam is applied as a liquid, which means it is able to fill small space in one’s attics, crawl spaces or walls left in even the best constructed homes and buildings. Once sealed, Lapolla’s insulation not only waterproofs the home, but prevents heat or air conditioning from escaping, reducing office and home heating and cooling bills by up to 40 percent for decades. As temperatures start to heat up, we understand that the cost of cooling one’s house is on most homeowners’ minds, so we’re here to help assuage concerns.”

People around the country recognize the importance of having an energy efficient home, including the stars of A&E’s “Flipping Boston,” home renovators Peter Souhleris and Dave Seymour. This pair will be using Lapolla products on the “Dave vs. Goliath” episode airing right before Earth Day, on April 19.

Dave Seymour, Co-Host of Flipping Boston, said “This is the second time we’ve featured Lapolla’s products on the show, and just in time for Earth Day. These spray foam products are of the highest quality and will help ensure the entire project is optimized for energy savings and comfort.”

Lapolla’s foam products include spray foam insulation for residential and commercial perimeter walls, crawl spaces and attic space applications. The Company also supplies spray foam and elastomeric coatings for low slope residential and commercial roofing. Lapolla supplies polyurethane as an adhesive for board stock insulation to roofing substrates for commercial and industrial applications as well as sundry items.

Home builders and renovators around the world recognize Lapolla as having one of the most varied and comprehensive product suites of energy-saving spray foam solutions to offer customers, both commercial and residential.

About Lapolla Industries, Inc.

Lapolla Industries, Inc. is a global supplier, and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, designed to reduce energy consumption in the residential, industrial and commercial markets, for both new construction and retrofit applications. More information is available at www.lapolla.com.

Forward Looking Statements

Statements made in this press release that are not historical facts constitute “forward-looking statements” pursuant to Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and Private Securities Litigation Reform Act of 1995. Any such forward-looking statements should be considered in context with various disclosures made by Company about its business. All information herein is as of date hereof. Company undertakes no duty to update any forward-looking statement.

Contacts

Investor:
KCSA Strategic Communications
Todd Fromer / Phil Carlson
Phone: 212-896-1215 / 212-896-1233
Email: tfromer@kcsa.com / pcarlson@kcsa.com

or

Media:
KCSA Strategic Communications
Samantha Wolf / Jon Goldberg
Phone: 212-896-1220 /212-896-1282
Email: swolf@kcsa.com / jgoldberg@kcsa.com

lapolla spray foam cold weather insulation tips

Lapolla Tech Tip – Cold Weather

Cold weather brings additional challenges for the spray foam contractor. These challenges are easily addressed, but not easily remembered until the contractor begins to experience the issues which are always present during cold weather application The first issue is being aware that the temperature is about to change, and ordering the appropriate reactivity product to address the upcoming change. Below is a chart showing the lower end of the application range for each product.

When spray applied polyurethane foam is applied in colder conditions than intended for the formulated reactivity, the results can include a smooth glossy surface, friability, poor yield, and poor adhesion. There is some ability, although limited, to adjust for fluctuations in temperature. Often referred to as “dialing in” a foam during the application, the applicator can adjust the preheats and hose temperatures as well as the pressure of the proportioning unit.

The proper storage of both components is critical for a successful application during cold weather conditions. Both components must be at a minimum of 70°F to insure that the supply pumps can move the material to the spray machine at an appropriate rate. Both materials will thicken as they cool. The resin or “B” side will get very thick and hard to pump very quickly as the temperature drops below 70°F. In addition, depending on the machine being used, some machines may not have the capability to heat the material to the required application temperature.

Each machine is only capable of producing a specific amount of heat. If the temperature difference between the beginning temperature of the material and the required temperature for application is greater than the machine can supply the result will be poor foam quality. This may also cause off ratio foam, down time and may damage your equipment.

cold weather home commercial spray foamAs always, please do not hesitate to contact your Lapolla salesman or technical staff with questions of field application issues. Once you are on the job, should problems occur, you risk down time. As we all know, if the applicator is not spraying foam, nobody is making money.

Here are some additional tips for successful cold weather spray foam application.

Warm up the substrate as much as possible before spraying. Torpedo heater can be used prior to spraying, however, all open flame heaters must be turned off while you are spraying. Please remember that the use of propane and gas fired heaters will result in high humidity levels. This humidity may condense on cold substrates creating moisture issues such as poor adhesion or shrinkage. Applicators should avoid the use of gas fired heaters if possible to reduce this risk. Blocking soffits and exterior penetrations will help retain some of the heat.

Keep the hose off the snow, ice, and concrete. These will draw heat off the hose as fast as the proportioner can heat it.

Use the sun to your advantage. The sun is the largest heater you have. Start spraying on the sunny side and follow the sun around through the day.

Whenever possible, maintain heat in the area for 24 to 48 hours after spraying to help with the curing process.

Order you materials far enough in advance to give them time to warm up (about 10 degrees per 24 hours). Do not store drums in direct contact with concrete. Keep them on the pallets while in storage. When the materials are in the truck, place something under the drums to raise them an inch or two off the floor to allow warm air to circulate underneath them.

Do not allow the dynamic pressure to drop below 1000 psi. Pressures less than 1000 psi can result in a poor mix in the gun.

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