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wall and roof insulation for homes

Lapolla’s Spray Foam Insulation Receives Approval from Meritage Homes

The Groundbreaking 4th Generation Eco-Friendly Insulation Leads
The Charge For Energy Efficient Home Insulation

Houston, TX, May 6, 2015 – Lapolla Industries, Inc., in its commitment to being the standard for environmentally friendly technology, has been approved by Meritage Homes, for use in its residential construction projects.

Lapolla was the first systems house in the industry to provide both open and closed cell technology to the market. The FoamLOK 500, open cell foam was also the first “non-mix” formula that allows for better consistency and ease of use for the installers. Lapolla continues to innovate, becoming the first in the world to develop and commercialize spray foam insulation utilizing Honeywell’s Solstice Liquid Blowing Agent in its FOAM-LOK 2000 4G spray foam. This state-of-the-art home insulation delivers environmental benefits with an ultra-low Global Warming Potential of 1, which is 99.9 percent lower than today’s most commonly used blowing agent, HFC-245fa, and zero Ozone Depletion Properties, while enhancing its insulation performance.

Recently, Lapolla partnered with Honeywell and Purdue University to incorporate its FOAM-LOK 2000 4G wall foam insulation into a 1920’s vintage home at Purdue University’s ReNEWW House, a renovated home that achieves net-zero energy usage.

“The entire approach to achieving zero energy homes isn’t just an idea any longer,” said Doug Kramer, President & CEO of Lapolla Industries, Inc. “Lapolla insulation adds value to the environment and homeowners worldwide. We’re proud to be a supplier of spray foam insulation to Meritage Homes, who is the innovator in high performance home building.”

“Meritage recognizes that building residential communities that meet and exceed standards resets the bar higher for what homeowners should expect from their homes.” added CR Herro, Vice President of Environmental Affairs at Meritage Homes. “We created a new standard in energy-efficient home building, and carefully partner with suppliers to ensure the highest quality components.”

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.

Corporate Contacts:

Douglas J. Kramer, President/CEO
Harvey L. Schnitzer, COO
Michael T. Adams, CGO
Jomarc Marukot, CFO
Lapolla Industries, Inc.
Phone: 281-219-4100
Email: info@lapolla.com

lapolla spray foam insulation nm tv

Spray Foam Expo 2015 KASA Interview – Ty Pennington & Lapolla’s Spray Foam Insulation

ALBUQUERQUE (KASA) – The Sprayfoam 2015 Convention and Expo wraps up in Albuquerque today, and we’re talking with keynote speaker and star of Trading Spaces and Extreme Makeover: Home Edition Ty Pennington about the revolutionary insulation solution that could save your family money on energy costs year-round.

Which Areas of My Home Can I Insulate?

Adding insulation to the attic, walls facing the exterior of the home, under the floors, exterior and interior walls, the basement, and the crawl space(s) are the best sections of your home to notice a substantial improvement on lowering energy consumption.

The Attic
Installing Lapolla’s spray foam insulation on the bottom of the roof deck in your attic is beneficial in many ways. Since hot air rises, without spray foam, the summer temperatures will make it uncomfortably hot and winters frigid. Adding open-cell or closed cell spray foam insulation will protect your attic from air escaping and keep it comfortable throughout the year.

Exterior Walls vs. Interior Walls
Interior Walls are great to use open-cell spray foam since it acts as both an air sealant and a sound barrier. Closed-Cell spray foam insulation is a denser in structure and is a great air and water barrier. Closed-Cell spray foam insulation is often used in both roofing and wall insulation improvements.

The Basement & Crawl Spaces
Insufficient home insulation can cause drafts. If the basement and crawl spaces lack insulation, homeowners will notice this draft through a number of ways including cold floors, and noticeable moisture and/or mold buildup.

Request a free spray foam insulation quote for your new home or to make improvements or call 888-4-LAPOLLA

 

Lapolla Industries Reports Second Quarter 2014 Results

Houston, TX, August 12, 2014 Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD), a Houston-based 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, today announced financial results for the three month period ended June 30, 2014.

Second Quarter Financial Highlights

For the second quarter of 2014, Lapolla generated sales of $18.7 million, as compared to $17.8 million during the same period in 2013. During the second quarter of 2014, Lapolla’s gross profit was $3.9 million, as compared to $3.8 million for the second quarter of 2013. Adjusted EBITDA for the second quarter was $611,082, as compared to $660,361 in the same period of 2013.

For the second quarter of 2014, Lapolla reported foam segment sales were $16.2 million as compared to $14.9 million in the same period of 2013. Foam segment profit was $819,844 during the second quarter 2014, as compared to $670,559 for the same quarter in 2013. The second quarter 2014 coatings segment sales were $2.5 million versus $2.9 million for the same period in 2013. Coatings segment profit was $354,966, as compared to $446,542 for the second quarter in 2013.

“During the second quarter of 2014, our revenues were in line with last year and our operating expenses were lower by over 4%,” stated Doug Kramer, CEO and President of Lapolla Industries. “This is an exciting time to be in our industry as SPF insulation becomes mainstream as consumers, building owners and multi-family facility managers recognize the environmental and financial benefits Lapolla products provide. Lapolla recently announced its Next Generation technology, utilizing the latest blowing agent, which essentially eliminates ODP and GDP, making our product green and environmentally friendly. This new development solidifies Lapolla as a global technology leader, being the first in the world to deliver this cutting edge technology for wall foam insulation,” concluded Mr. Kramer.

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, available at www.lapolla.com.

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 atwww.lapolla.com.

Non-GAAP Financial Measures:

Lapolla Industries utilizes Adjusted EBITDA to assist it in reviewing financial results and for management incentives. Adjusted EBITDA is defined as EBITDA increased by total share based compensation included in net income or loss. Lapolla’s management utilizes Adjusted EBITDA in an effort to provide information that reflects the Company’s economic performance. Lapolla’s management team reviews their monthly financial results on an Adjusted EBITDA basis. Adjusted EBITDA has no impact on reported sales. Adjusted EBITDA is used as a supplemental financial measure by management to describe Lapolla’s operations and economic performance to financial institutions, including the economic results of Lapolla’s operations; and repeatable operating performance that is not distorted by non-recurring items, certain other non-cash items, or market volatility. Adjusted EBITDA is not prepared in accordance with GAAP. Adjusted EBITDA should not be considered as an alternative to net income or loss, income or loss from operations, cash flows from operating activities or any other measure of financial performance or liquidity presented in accordance with GAAP.

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.

Lapolla Industries Contacts:

Douglas J. Kramer, CEO

Harvey L. Schnitzer, COO

Michael T. Adams, CGO

Charles A. Zajaczkowski, CFO

Tel: (281) 219-4700

Lapolla Industries is the First Nationally to Incorporate Honeywell’s Solstice® Liquid Blowing Agent for Spray Foam Wall Insulation

Installation at Purdue University Demonstrates Lapolla’s
Expansion of Environmentally Advantaged Offerings with Solstice LBA

Houston, TX, July 28, 2014 – Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD), a Houston-based 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 announced today that it is the first company nationally to develop the technology and commercially release Honeywell’s new Solstice® Liquid Blowing Agent (LBA) in spray foam insulation wall system in the USA.

Solstice LBA allows Lapolla closed-cell spray foam insulation to expand and contribute to the foam’s superior insulating properties. Solstice LBA is a next-generation blowing agent from Honeywell that not only improves foam performance, but also delivers environmental benefits including enhanced energy efficiency. Solstice LBA has an ultra-low global warming potential of 1, which is 99.9 percent lower than today’s most commonly-used blowing agent, HFC-245fa, a hydrofluorocarbon, while retaining its insulating performance. Solstice LBA is nonflammable, has received EPA approval under the Significant New Alternatives Policy (SNAP) Program and is not a volatile organic compound.

“At Lapolla, we are environmentally conscious and incorporate green alternatives into our offerings,” said Doug Kramer, President and Chief Executive Officer of Lapolla Industries. “We are pleased to be the first in the U.S. to incorporate Solstice Liquid Blowing Agent into our spray foam for walls, and we are confident that our foam, which has always been cutting edge, is fully credentialed and now one step above the rest of our peers. The product will soon be available globally.”

The next high profile installation of Lapolla’s leading edge wall system formulated with Solstice LBA will take place at Purdue University in West Lafayette, Indiana. Lapolla will use its FOAM-LOK spray foam blown with Solstice LBA to retrofit an off-campus 1920’s vintage home that researchers are transforming into a net-zero energy, water and waste structure and live-in laboratory. It marks the first time Solstice LBA will be employed in a wall system of a university in the United States. Researchers from Purdue University and Whirlpool Corporation will be monitoring the home’s energy usage after the spray foam wall installation to demonstrate its efficiency.

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.

“Solstice LBA provides builders and contractors with significant performance and environmental benefits in closed-cell spray foam wall and roof systems at costs that are competitive with other blowing agents,” said Laura Reinhard, Honeywell’s global business manager for spray foam. “Our collaboration with Lapolla allows us to provide wall-to-wall benefits for commercial and residential architects, builders and renovators. Lapolla’s best in class spray foam coupled with their national and international reach makes them an ideal partner to launch Solstice LBA for use in foam wall systems.”

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.

About Honeywell
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.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.

Corporate Contacts:
Douglas J. Kramer, CEO
Harvey L. Schnitzer, COO
Michael T. Adams, CGO
Charles A. Zajaczkowski, CFO
Lapolla Industries, Inc.
Phone: 281-219-4100
Email: info@lapolla.com

Lapolla Signs Middle East Exclusive

MVL to Supply MENA Region

HOUSTON, TX — (MARKET WIRE) — August 21, 2013 — Lapolla Industries, Inc. (“Lapolla”) (OTCQB:LPAD), a Houston based global supplier, and manufacturer of spray polyurethane foam insulation and elastomeric protective coatings, and equipment designed to reduce energy consumption in the residential, industrial and commercial markets, for both new construction and retrofit applications, executes a new exclusive contract with MVL Group (“MVL”).

Doug Kramer, President & CEO of Lapolla said, “We are very pleased to have entered into an exclusive relationship with MVL Group, a world class supply partner. MVL Group is another example of a leading supply channel Lapolla is focusing on to bring our FOAMLOK® spray polyurethane foam insulation and THERMOFLEX® coating products to the global market.”

Headquartered in Dubai, MVL is an industry leading supply chain and construction supply Management Company with concentration in the Middle East and North Africa that provides professional services to companies within the defense, construction, and engineering industries. Having supplied tens of thousands of tons of specialized materials to US Army projects, MVL has a proven reputation in the industry as a reliable and consistent source for standard and special order items specified by high level prime contractors.

“As a top importer of Lapolla’s highly credentialed foam insulation systems into the Middle East, MVL views this exclusive agreement as the natural progression of a relationship already aligned in shared values and standards. All of us at MVL are proud of this relationship, and look forward to solidifying our role as Lapolla’s conduit to the Middle East and North Africa,” said Mr. Abie Musa, Managing Director at MVL.

About Lapolla Industries, Inc.

Lapolla Industries, Inc. is a global supplier, and manufacturer of spray foam insulation and elastomeric protective coatings, and equipment designed to reduce energy consumption in the residential and commercial markets, for both new construction and retrofit applications. Additional information about Lapolla is available at www.Lapolla.com.

About MVL Group

MVL is an industry leading supply chain and construction supply Management Company with concentration in the Middle East and North Africa that provides professional services and materials to companies within the defense, construction, and engineering industries. Additional information about MVL is available at www.MVL-Group.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, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, 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. 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. Copies of Lapolla’s press releases and additional information about Lapolla is available at on the World Wide Web at www.lapollaindustries.com.

Lapolla Industries Contacts:
Douglas J. Kramer, CEO
Harvey L. Schnitzer, COO
Michael T. Adams, CGO
Charles A. Zajaczkowski, CFO
Tel: (281) 219-4700

MVL Group Contacts:
Abie Musa, Managing Director
Tel: +971 4 454-7345

Lapolla and Mark Group Enter Five Year Supply Contract

AirTight SprayFoam® Exclusive for United Kingdom Market

HOUSTON, TX — (MARKET WIRE) — February 4, 2013 — Lapolla Industries, Inc. (“Lapolla”) (OTCQB:LPAD), a Houston based global supplier, and manufacturer of spray foam insulation and equipment designed to reduce energy consumption in the residential and commercial markets, for both new construction and retrofit applications, announces long term exclusive supply agreement with Mark Group for the United Kingdom markets.

Richard J. Kurtz, Chairman of the Board of Lapolla Industries, Inc. commented “We are pleased that Mark Group chose Lapolla to be its exclusive supplier in the United Kingdom for installation of spray foam insulation relating to the government’s Green Deal requirements. Lapolla offers world class service and technical support to meet Mark Group’s needs.”

The Green Deal helps homeowners, landlords, and renters make energy-saving home improvements, like insulation, to make their home more comfortable and lets them pay for some or all of the improvements over time on their utility bill. Repayments will be no more than what a typical household should save in energy costs.

Bill Rumble, Chief Commercial Officer from Mark Group says “we are very excited about building a strategic partnership with Lapolla to expand our product offering across the UK and our international markets”.

About Lapolla Industries, Inc.

Lapolla Industries, Inc. is a global supplier, and manufacturer of spray foam insulation and elastomeric protective coatings, and equipment designed to reduce energy consumption in the residential and commercial markets, for both new construction and retrofit applications. Additional information about Lapolla is available at www.Lapolla.com.

About Mark Group Limited

Mark Group Limited is a United Kingdom based national company with over 1,400 employees, dedicated to providing a ‘whole house’ solution to energy-efficiency. Founded in 1974, Mark Group has already helped to make more than two million homes more energy-efficient, currently installing around 6,000 insulation measures every week. Mark Group’s services are tailored for homeowners as well as builders, architects, local authorities and government bodies. Additional information about Mark Group is available at http://www.markgroup.co.uk.

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, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, 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. 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. Copies of Lapolla’s press releases and additional information about Lapolla is available at on the World Wide Web at www.lapollaindustries.com.

Lapolla Industries Contacts:
Douglas J. Kramer, CEO
Harvey L. Schnitzer, COO
Michael T. Adams, CGO
Charles A. Zajaczkowski, CFO
Tel: (281) 219-4700

Lapolla Partners with ABC’s “Extreme Makeover: Home Edition”

Season 7 incorporates Spray Foam Insulation into Design
HOUSTON, TX — (MARKET WIRE) — July 15, 2009 — Lapolla Industries, Inc. (“Lapolla”) (OTC BB:LPAD.OB – News), 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 its commitment with “Extreme Makeover: Home Edition” for the 2009-2010 Season 7. The Emmy award- winning television show will rely on Lapolla’s energy-efficient spray foam insulation materials and coordinate Season 7 projects with local spray foam applicators.

“Spray foam insulation is an important component in new building construction and the weatherization of existing buildings,” stated Doug Kramer, CEO and President of Lapolla. “We are honored to be the preferred spray foam insulation vendor to Extreme Makeover: Home Edition, and to support this great opportunity that assists so many deserving families.”

Spray foam insulation is a spray-applied thermal insulation material used in wall cavities, floor assemblies, ceiling assemblies, and in attic and crawl space applications. When properly installed, this advanced insulation system leads to energy efficiency, improved occupant comfort, a cleaner indoor environment, and greater noise reduction for building/home owners.

“The Extreme Makeover construction projects are examples of the momentum of focus on energy efficiency across the Nation,” continued Mr. Kramer. “We insulated our first Extreme Makeover: Home Edition project last week in Pennsylvania. We had the pleasure of working with good people that genuinely care about improving the quality of life for the family. We are thrilled that Lapolla has an opportunity to contribute and make a real difference.”

This Season 7 “Extreme Makeover: Home Edition” viewers will see the installation of spray foam insulation technology incorporated into the design. Project updates will be available on the www.lapolla.com website.

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. Additional information about Lapolla is available on the World Wide Web at www.lapollaindustries.com.

About ABC-TV’s “Extreme Makeover: Home Edition”
The Emmy award winning reality program “Extreme Makeover: Home Edition,” now in its 7th season, is produced by Endemol USA, a division of Endemol Holding. It’s executive-produced by Anthony Dominici. David Goldberg is Chairman, Endemol North America. The show airs Sundays from 8:00-9:00 p.m., ET on ABC.

Lapolla Contacts:
Douglas J. Kramer, CEO
Michael T. Adams, CGO
(281) 219-4700