Lapolla Industries to Attend Grand Designs Live in London

Lapolla Industries to Attend Grand Designs Live in London

FOAM-LOK 2000-4G™ to highlight show

London, England, April 25, 2016Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD) – a Houston, Texas-based global supplier and manufacturer of spray polyurethane foam insulation and other energy saving products, today announced it will be showcasing its FOAM-LOK 2000-4G insulation at the Grand Design Live Show April 30 – May 8 in London.

Steve Jewell, Corporate Director in the UK, stated “We are looking forward to showcasing the incredible energy efficiency of Lapolla Spray foam.  Grand Designs Live is an amazing venue for innovative products to be viewed and demonstrated for consumers. I am excited to show people how they can save on their energy bills!”

“Our FOAM-LOK 2000-4G was named one of Green Builders Hot Top 50 Products in the US because of its ultra-low global warming potential. This product is used in roof and wall applications and has superior yield and U-Value compared to other products on the market,” Mr. Jewell concluded.

Lapolla is the first manufacturer, globally, to offer a third party tested and approved wall foam system that uses the FOAM-LOK 2000-4G. The product not only improves foam performance, but also delivers environmental benefits and has an ultra-low global warming potential of 1, which is 99.9 percent lower than today’s most commonly-used blowing agents while retaining its insulating performance.

”Being selected in the Award-Winning Coverage of Sustainable Construction, Products and Lifestyles Green Builder Magazine, speaks volumes about Lapolla being a leader in the private sector developing new technologies and more climate-friendly products that are less harmful to the environment,” stated Doug Kramer, CEO of Lapolla. “We are excited to bring this product to the European market.”

Lapolla’s foam products include spray foam insulation for residential and commercial walls, crawl spaces and attic/loft 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.

Check us out at http://www.greenbuildermedia.com/hot502016-products/lapolla-industries-foam-lok-2000-4g. For a full list of the 2016 Hot 50 Products visit www.greenbuildermedia.com/hot50-2016.

About Grand Designs Live

Grand Designs Live, proudly sponsored by Anglian Home Improvements, returns to London’s ExCeL from the April 30 – May 8, 2016. Running for 9 days, the show offers visitors a unique opportunity to see all the latest trends for the home as well as many products never seen before. Based on the Channel 4 TV series, and presented by design guru Kevin McCloud, the event will be packed with over 500 exhibitors, across seven different sections where you can take away ideas and inspiration for your own GRAND design. For more information go to www.granddesignslive.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 residential, industrial and commercial markets, for both new construction and retrofit applications. For more information go to lapolla.co.uk.

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

 

Lapolla Industries Reports First Quarter 2016 Earnings Results

Lapolla Industries Reports First Quarter 2016 Earnings Results


Houston, TX, April 28, 2016 –
Lapolla Industries, Inc. (“Lapolla” or the “Company”) (PINK: LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, today announced financial results for the three months ended March 31, 2016.

First Quarter 2016 Highlights:
Total Sales increased by 18% compared to the same period in 2015
Gross Profit increased 58% compared to the same period in 2015
Net Income increased 159% compared to the same period in 2015
Adjusted EBITDA increased 2,057% compared to the same period in 2015

“The first quarter is indicative of the positive direction of our Company on all fronts,” stated Douglas J. Kramer, Chief Executive Officer and President of Lapolla. “We remain steadfast on growing sales and focused on operational and manufacturing efficiencies to drive our bottom line to build shareholder value.”

Mr. Kramer continued, “Lapolla continues to innovate technology and refine support for customers and consumers alike. While much of the industry is cutting back on contractor support, Lapolla offers the most qualified technical services in the industry, including an engineering department to provide needed guidance to engineers and architects. This depth and capability will help ensure Lapolla as the preferred supplier for quality Spray Polyurethane Foam.”

For further information regarding Lapolla’s financial results as of March 31, 2016, including Adjusted EBITDA, and a reconciliation of Adjusted EBITDA to net income or loss for the three months ended March 31, 2016 and 2015, respectively (see below), and risks, uncertainties, and other factors associated with Lapolla’s business, 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 at www.lapolla.com.

Forward Looking Statements
Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties outside of our control that can make such statements untrue, including, but not limited to, adverse economic conditions and their effect on demand for foams and coating; adverse effects of fluctuations in sales; intense competition from competitors that are better established and have significantly greater resources than us; our dependence on a few large suppliers for a large portion of materials required for production and sales of our products; loss or departure of key personnel; market acceptance of our existing and new products; unanticipated increases in raw material prices or disruptions in supply; restrictive loan covenants and/or our ability to repay or refinance debt under our credit facilities; operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material, labor or overhead cost increases, interest rate risk and commodity risk; the fact that our chairman controls a majority of our combined voting power, and may have, or may develop in the future, interests that may diverge from those of other stockholders; future sales of large blocks of our common stock, which may adversely impact our stock price; and the liquidity and trading volume of our common stock. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Results of Operations

Summary
The following table presents selected financial and operating data derived from the audited financial statements of the Company as of the dates and for the periods indicated. In addition, the table presents our unaudited non-GAAP financial measures, EBITDA and Adjusted EBITDA, and includes our reconciliation to net income or loss, its most directly comparable financial measure calculated and presented in accordance with GAAP. The table is presented in thousands. All financial information for March 31, 2016 and March 31, 2015, is derived from the Company’s unaudited financial statements, as disclosed in the Company’s Quarterly Report on Form 10-Q, for the three months ended March 31, 2016, filed with the Securities and Exchange Commission.

Lapolla Reports 1st Qtr 16 Results-Chart


Non-GAAP Financial Measures

To supplement our financial statements presented on a GAAP basis, we disclose non-GAAP measures as EBITDA and Adjusted EBITDA because management uses these supplemental non-GAAP financial measures to evaluate performance period over period, to analyze the underlying trends in its business, and to establish operational goals and forecasts that are used in allocating resources. In addition, we believe many investors use these non-GAAP measures to monitor the Company’s performance. Our presentation includes these non-GAAP financial measures, and a reconciliation of EBITDA and Adjusted EBITDA to the GAAP measures most directly comparable thereto. The GAAP measure most directly comparable to EBITDA and Adjusted EBITDA is net income or loss. The non-GAAP financial measures of EBITDA and Adjusted EBITDA should not be considered as an alternative to net income or loss or any other measure of financial performance or liquidity presented in accordance with GAAP. EBITDA and Adjusted EBITDA are not presentations made in accordance with GAAP and have important limitations as analytical tools. You should not consider EBITDA or Adjusted EBITDA in isolation or as substitutes for analysis of our results as reported under GAAP. Because EBITDA and Adjusted EBITDA exclude some, but not all, items that affect net income and is defined differently by different companies, our definitions of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures of other companies.

EBITDA

We define EBITDA as net income or loss before interest, income taxes, depreciation and amortization of other intangible assets.

Adjusted EBITDA

Adjusted EBITDA is defined as EBITDA increased by total share based compensation included in net income or loss.

The Company believes that presenting EBITDA and Adjusted EBITDA, in addition to the corresponding GAAP financial measures, provides investors greater transparency to the information used by management for financial and operational decision-making and allows investors to see the Company’s results “through the eyes” of management. We further believe that providing this information assists investors in understanding the Company’s operating performance and the methodology used by management to evaluate and measure such performance.

We recognize that the usefulness of EBITDA and Adjusted EBITDA as an evaluative tool may have certain limitations, including:

• EBITDA and Adjusted EBITDA do not include interest expense. Because we have borrowed money in order to finance our operations, interest expense is a necessary element of our costs and impacts our ability to generate profits and cash flows. Therefore, any measure that excludes interest expense may have material limitations;
• EBITDA and Adjusted EBITDA do not include depreciation and amortization of other intangible assets expense. Because we use capital assets, depreciation and amortization of other intangible assets expense is a necessary element of our costs and ability to generate profits. Therefore, any measure that excludes depreciation and amortization of other intangible assets expense may have material limitations;
• EBITDA and Adjusted EBITDA do not include provision for income taxes. Because the payment of income taxes is a necessary element of our costs, any measure that excludes income tax expense may have material limitations;
• EBITDA and Adjusted EBITDA do not reflect capital expenditures or future requirements for capital expenditures or contractual commitments;
• EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, working capital needs; and
• Adjusted EBITDA does not include share-based compensation expense.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

 

Lapolla Industries Reports 2015 Year End Earnings Results

Lapolla Industries Reports 2015 Year End Earnings Results

 

Houston, TX, March 28, 2016 – Lapolla Industries, Inc. (“Lapolla” or the “Company”) (OTCQB: LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, today announced financial results for the fiscal year ended December 31, 2015.

Douglas J. Kramer, CEO and President of Lapolla, stated “Lapolla’s continued commitment to net income remains steadfast, which is evident by the Company’s improvement in net income by 126%, less non-cash – share based compensation, in 2015 over 2014. Adjusted EBITDA increased to $4,087,697 from $504,961 in 2015 from 2014, a positive change of 710%. Overall revenue continues to grow as a result of continued company focus on sales leadership and market mainstreaming of spray foam technology in residential and commercial applications.”

Mr. Kramer continued, “Lapolla continues to lead that charge, being the first in the world to develop and commercialize next generation spray foam insulation products, utilizing HFO technology, the most environmentally friendly products on the market today. With an expanding global footprint, Lapolla will continue to capture market share and aggressively promote the LAPOLLA brand, driving market recognition in the most strategic markets around the world.”

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

Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties outside of our control that can make such statements untrue, including, but not limited to, adverse economic conditions and their effect on demand for foams and coating; adverse effects of fluctuations in sales; intense competition from competitors that are better established and have significantly greater resources than us; our dependence on a few large suppliers for a large portion of materials required for production and sales of our products; loss or departure of key personnel; market acceptance of our existing and new products; unanticipated increases in raw material prices or disruptions in supply; restrictive loan covenants and/or our ability to repay or refinance debt under our credit facilities; operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material, labor or overhead cost increases, interest rate risk and commodity risk; the fact that our chairman controls a majority of our combined voting power, and may have, or may develop in the future, interests that may diverge from those of other stockholders; future sales of large blocks of our common stock, which may adversely impact our stock price; and the liquidity and trading volume of our common stock. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Results of Operations

Summary
The following table presents selected financial and operating data derived from the audited financial statements of the Company as of the dates and for the periods indicated. In addition, the table presents our unaudited non-GAAP financial measures, EBITDA and Adjusted EBITDA, and includes our reconciliation to net income or loss, its most directly comparable financial measure calculated and presented in accordance with GAAP. All December 31, 2015 financial information is derived from the Company’s 2015 audited financial statements and all December 31, 2014 financial information is derived from the Company’s 2014 audited financial statements, as disclosed in the Company’s Annual Report on Form 10-K, for the twelve months ended December 31, 2015 filed with the Securities and Exchange Commission.

LAPOLLA Reports YE 2015 Results-Final-3-28-16-2


Non-GAAP Financial Measures

To supplement our financial statements presented on a GAAP basis, we disclose non-GAAP measures as EBITDA and Adjusted EBITDA because management uses these supplemental non-GAAP financial measures to evaluate performance period over period, to analyze the underlying trends in its business, and to establish operational goals and forecasts that are used in allocating resources. In addition, we believe many investors use these non-GAAP measures to monitor the Company’s performance. Our presentation includes these non-GAAP financial measures, and a reconciliation of EBITDA and Adjusted EBITDA to the GAAP measures most directly comparable thereto. The GAAP measure most directly comparable to EBITDA and Adjusted EBITDA is net income or loss. The non-GAAP financial measures of EBITDA and Adjusted EBITDA should not be considered as an alternative to net income or loss or any other measure of financial performance or liquidity presented in accordance with GAAP. EBITDA and Adjusted EBITDA are not presentations made in accordance with GAAP and have important limitations as analytical tools. You should not consider EBITDA or Adjusted EBITDA in isolation or as substitutes for analysis of our results as reported under GAAP. Because EBITDA and Adjusted EBITDA exclude some, but not all, items that affect net income and is defined differently by different companies, our definitions of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures of other companies.

EBITDA

We define EBITDA as net income or loss before interest, income taxes, depreciation and amortization of other intangible assets.

Adjusted EBITDA

Adjusted EBITDA is defined as EBITDA increased by total share based compensation included in net income or loss.

The Company believes that presenting EBITDA and Adjusted EBITDA, in addition to the corresponding GAAP financial measures, provides investors greater transparency to the information used by management for financial and operational decision-making and allows investors to see the Company’s results “through the eyes” of management. We further believe that providing this information assists investors in understanding the Company’s operating performance and the methodology used by management to evaluate and measure such performance.

We recognize that the usefulness of EBITDA and Adjusted EBITDA as an evaluative tool may have certain limitations, including:

•  EBITDA and Adjusted EBITDA do not include interest expense. Because we have borrowed money in order
to finance our operations, interest expense is a necessary element of our costs and impacts our ability to generate profits and cash flows. Therefore, any measure that excludes interest expense may have material
limitations;
•  EBITDA and Adjusted EBITDA do not include depreciation and amortization of other intangible
assets expense. Because we use capital assets, depreciation and amortization of other intangible
assets expense is a necessary element of our costs and ability to generate profits. Therefore, any
measure that excludes depreciation and amortization of other intangible assets expense may have
material limitations;
•  EBITDA and Adjusted EBITDA do not include provision for income taxes. Because the payment of
income taxes is a necessary element of our costs, any measure that excludes income tax expense may
have material limitations;
•  EBITDA and Adjusted EBITDA do not reflect capital expenditures or future requirements for capital
expenditures or contractual commitments;
•  EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, working
capital needs; and
•  Adjusted EBITDA does not include share-based compensation expense.

Investor Relations:

Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

Lapolla Industries’ 4th Generation Foam Recognized in Green Builder® Media

Lapolla Industries’ 4th Generation Foam Recognized in Green Builder® Media

FOAM-LOK™ 2000-4G Hot 50 Products 2016 Editor’s Choice

 

Houston, TX, February 23, 2016Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD) – a Houston-based global supplier and manufacturer of spray polyurethane foam insulation and other energy saving products, today announced being selected in the Hot 50 Products, 2016 Editor’s Choice in the Annual Awards Issue of Green Builder® Magazine.

Doug Kramer, CEO and President of Lapolla, stated “Lapolla made a commitment to reduce the use and emissions of potent greenhouse gases known as hydrofluorocarbons (HCFs) in its energy efficient spray foam products.  We have done just that with our Next Generation 4G Technology.”

“We applaud Lapolla’s dedication to reducing carbon emissions and using sustainable materials,” says Green Builder Media CEO, Sara Gutterman. “Lapolla is setting an example for manufacturers of all kinds with respect to analyzing the impact of their products and manufacturing processes.”

”Being selected in the Award-Winning Coverage of Sustainable Construction, Products and Lifestyles Green Builder Magazine, speaks volumes about Lapolla being a leader in the private sector developing new technologies addressing the issues in President Obama’s Climate Action Plan by creating more climate-friendly products that are less harmful to the environment,” Mr. Kramer concluded.

Lapolla is the first manufacturer globally to offer a third party tested and approved wall foam system that uses the Solstice® Liquid Blowing Agent, a next-generation blowing agent made by Honeywell. The product not only improves foam performance, but also delivers environmental benefits. 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.

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.

Check us out at http://www.greenbuildermedia.com/hot502016-products/lapolla-industries-foam-lok-2000-4g. For a full list of the 2016 Hot 50 Products visit www.greenbuildermedia.com/hot50-2016.

About Green Builder® Media

Green Builder Media is the nation’s leading media company focused on green building and sustainable living. With a comprehensive suite of content marketing, digital, social, and print media options, high-profile demonstration projects, market research, and live events, Green Builder Media offers a blend of visionary and practical information covering a broad spectrum of sustainable living topics, including Internet of Things, smart home technologies, energy efficiency, water conservation, indoor air quality, resilient housing, renewables and clean transportation. For more information, visit us at www.greenbuildermedia.com.

About Green Builder® Magazine

Green Builder magazine is the building industry’s leading magazine focused on green building and sustainable development. Green Builder offers practical, cost-effective information to a community of the most advanced building professionals across the country. The magazine’s nationally award winning editorial team blends top-quality visionary content with sophisticated design to generate an unforgettable publication that addresses the most important issues of our time.

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 residential, industrial and commercial markets, for both new construction and retrofit applications. More information 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

Lapolla Industries’ AirTight Program Leads to Green Building Retrofit Award

Lapolla Industries’ AirTight Program Leads to Green Building Retrofit Award

New Jersey Apartment Association Honors Jacob Ford Village


Englewood Cliffs, NJ, December 16, 2015 – The AirTight Division (“AirTight”), an operating unit of Lapolla Industries, Inc. (“Lapolla” or the “Company”) (OTCQB: LPAD), which markets, promotes, and sells energy saving products and energy reduction services, today announced the attainment of the Green Building Retrofit Award by Jacob Ford Village. Jacob Ford Village, a 270 unit community in Morristown owned by Home Properties was presented with a Green Building Retrofit Award from the New Jersey Apartment Association in October 2015 for implementing AirTight’s Multi-Family Energy Reduction Program. The AirTight Division’s Multi-Family Energy Reduction Program is a proprietary energy conservation measure program which involves providing for an energy use and savings analysis for a multi-family property and implementation of identified energy conservation measures suitable for such property with the goal of containing and reducing energy costs on an annual basis.

In 2014, Home Properties, together with a select group of consultants and contractors, embarked on AirTight’s energy reduction program for Jacob Ford Village. The project was accepted by NJ Clean Energy for its Pay for Performance Incentive Program, which provides rebates of up to 50% of the overall cost of improvements based on the amount of energy saved.

“Our goal going into the project was to reduce energy cost, reduce the carbon footprint and make more comfortable homes for the residents. Property owners can increase profitability and property value by decreasing their energy cost” commented Howard Van Natta, Executive Vice President for AirTight.

“Working with the Lapolla / Airtight team on this project has been a great experience. They are professionals in every aspect of the work and step in the process. Not only did they deliver the energy saving results that were discussed since day one, they did it with a level of supervision and support that has truly benefited the property and our residents living environment,” said Brent Kohere Regional Vice President, Home Properties.

“We are thrilled that the Jacob Ford Village project was recognized for using cutting-edge technology to reduce their natural gas usage, on average, by an unprecedented 45 percent,” concluded Mr. Van Natta.

The AirTight Division with its current proven case studies is addressing the entire multi-family industry in the northeast and throughout the United States.

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 the Company about its business. All information herein is as of the date hereof. The Company undertakes no duty to update any forward-looking statement. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov.

Investor Relations:                                                              The AirTight Division:
Michael T. Adams, EVP                                                         Howard Van Natta, EVP
Phone: 281-219-4700                                                            Phone: 201-399-3055
Email: info@lapolla.com                                                       Email: hvannatta@lapolla.com

Lapolla Industries Announces 2015 Third Quarter Results

Lapolla Industries Announces 2015 Third Quarter Results


Houston, TX, November 12, 2015
– Lapolla Industries, Inc. (“Lapolla” or the “Company”) (OTCQB: LPAD) a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, today announced financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights:

  • Total Sales increased by 12.9% compared to the same period in 2014
  • Gross Profit increased 47.4% compared to the same period in 2014
  • Net Income was $215,489 compared to a net loss of $1,014,359 for the same period in 2014

“The third quarter is representative of the positive direction of our Company,” stated Douglas J. Kramer, Chief Executive Officer and President of Lapolla. “Lapolla’s inclusion in President Obama’s Climate Action Plan is telling as we are driving technology and innovation within our industry. We remain steadfast on growing our top line from domestic and international prospects and focused on operational and manufacturing efficiencies to drive our bottom line to build shareholder value.”

For further information regarding Lapolla’s financial results as of September 30, 2015, including Adjusted EBITDA, and a reconciliation of Adjusted EBITDA to net income or loss for the nine months ended September 30, 2015 and September 30, 2014, and risks, uncertainties, and other factors associated with Lapolla’s business, 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 at www.lapolla.com.

Forward Looking Statements

Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties outside of our control that can make such statements untrue, including, but not limited to, adverse economic conditions and their effect on demand for foams and coating; adverse effects of fluctuations in sales; intense competition from competitors that are better established and have significantly greater resources than us; our dependence on a few large suppliers for a large portion of materials required for production and sales of our products; loss or departure of key personnel; market acceptance of our existing and new products; unanticipated increases in raw material prices or disruptions in supply; restrictive loan covenants and/or our ability to repay or refinance debt under our credit facilities; operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material, labor or overhead cost increases, interest rate risk and commodity risk; the fact that our chairman controls a majority of our combined voting power, and may have, or may develop in the future, interests that may diverge from those of other stockholders; future sales of large blocks of our common stock, which may adversely impact our stock price; and the liquidity and trading volume of our common stock. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

Lapolla Industries CEO Invited To White House Roundtable

Lapolla Industries CEO, Doug Kramer, Invited To White House Roundtable

President Obama’s Climate Action Plan


Houston, TX, October 22, 2015
– Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD) – Doug Kramer, CEO of Lapolla, attended a White House Roundtable on Thursday, October 15 in Washington, DC to discuss the private sector’s commitment to reduce the use and emissions of potent greenhouse gases known as hydrofluorocarbons (HCFs).

“In 2014 Lapolla made a commitment to the White House to transition all lines of technology by the end of 2016. We are significantly ahead of schedule, as of now, our entire product line of foam systems no longer uses high HFCs,” stated Kramer. “In fact, we are urging others in our industry to follow our lead and transition their products ahead of the EPA target date.” He further commented, “Now our goal is to transition the global markets to Next Generation 4G technology. Lapolla’s 4G already has approval in the United States, Europe and other important regions of the world.”

Lapolla has been a leader in the private sector developing new technologies addressing the issues in President Obama’s Climate Action Plan creating more climate-friendly products that are less harmful to the environment. In addition Lapolla has spray foam technology for both insulation and roofing systems and is in the process of converting all of its customers to this technology.

Gina McCarthy, Administrator of the EPA confirmed, “It is incredible to see the innovation that is out there and the commitment of the private sector.”

Leaders of the discussion included Gina McCarthy, Administrator of the EPA, Dr. Ernest Moniz, US Secretary of Energy, John Conger, Assistant Secretary of Defense, and Dan Utech, Deputy Assistant to the President for Energy and Climate Change.

For more information, go to https://www.whitehouse.gov/share/climate-action-plan.

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 the Company about its business. All information herein is as of the date hereof. The Company undertakes no duty to update any forward-looking statement.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

Lapolla Industries Announces David Feitl

Lapolla Industries Announces David Feitl as New Vice President of Sales


Houston, TX, October 21, 2015
– Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD) is pleased to announce that David Feitl has joined the company as the new Vice President of Sales reporting to CEO and President, Doug Kramer.

Mr. Feitl has worked on the contracting side of the business as well as the manufacturing starting as a foam contractor and most recently as Director of Sales for the Building Products Group for the Rhino Linings Corporation. He also held the role of COO in charge of sales for Demilec USA in Arlington, TX.

As VP of Sales, Mr. Feitl will oversee all of the sales activities which include the strategic direction and management of Lapolla’s sales initiatives. He will also be developing new business opportunities in North America.

“We are excited to have David join our team at Lapolla,” commented Kramer. “He brings 20 plus years of industry experience to the role as well as being a strong sales professional that can help lead our revenue growth to the next level.”

“When the opportunity came up to join the Lapolla family I embraced it as I believe they are well positioned due to their leadership in technology and the spray foam insulation market. It is this technology and company vision of the growing demand by consumers that will continue to differentiate Lapolla,” stated Feitl.

Mr. Feitl is a retired NBA player who was selected by the Houston Rockets in the 2nd round (43rd overall) of the 1986 NBA Draft. He played five seasons for the Golden State Warriors, Washington Bullets, New Jersey Nets as well as the Rockets, concluding his career playing three years overseas. He is a graduate of the University of Texas at El Paso with a degree in Business.

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 the Company about its business. All information herein is as of the date hereof. The Company undertakes no duty to update any forward-looking statement.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

Lapolla Industries Reports Second Quarter 2015 Results

HOUSTON–(BUSINESS WIRE)–Lapolla Industries, Inc. (“Lapolla”) (OTCQB: LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment, today announced financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Highlights:

  • Gross Profit increased 14.7% compared to the same period in 2014
  • Coating sales increased by 49.6% compared to the same period in 2014
  • Total Sales increased by 4.6% compared to the same period in 2014

“Second quarter of 2015 reflected our focus on growing the more profitable segments of our business and driving our bottom line through product mix, continued growth and buying power,” stated Doug Kramer, CEO and President of Lapolla Industries. “We will continue to enhance our growth by adding more sales staff and channels, especially in markets where we feel there is more market share opportunity for Lapolla.”

“With continuous focus on market penetration in both residential and commercial building envelope, and the technology differentiation of our fourth generation advanced technology, Lapolla is well positioned for the 3rd quarter,” continued Kramer.

For further information regarding Lapolla’s financial results as of June 30, 2015, including Adjusted EBITDA, and a reconciliation of Adjusted EBITDA to net income or loss for the six months ended June 30, 2015 and June 30, 2014, and risks, uncertainties, and other factors associated with Lapolla’s business, 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 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 the Company about its business. All information herein is as of date hereof. Company undertakes no duty to update any forward-looking statement.

Contacts

Lapolla Industries, Inc.
Douglas J. Kramer, 281-219-4700
President/CEO
or
Michael T. Adams, 281-219-4700
EVP
info@lapolla.com

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