Foam and Coating Distributors from 16 Countries Represented at Global Summit
HOUSTON, TX — April 22, 2011 — Lapolla Industries, Inc. (“Lapolla”) (OTC BB:LPAD.OB - News), a Houston based manufacturer and supplier of spray foam insulation, cool roof coatings and equipment designed to reduce energy consumption in the residential and commercial markets, for both new construction and retrofit applications, yesterday announced results of the First Lapolla Global Summit held in Europe.
The first Lapolla Global Summit was held from April 14, 2011 to April 16, 2011 in Amsterdam. The Summit consisted of Foam and Coating Distributors representing 16 countries from Europe, Scandinavia, Middle East and South America. The Summit provided extensive coverage of Material Safety, Handling and Environmental, Marketing and Sales Strategy with the Lapolla brand as the common global thread.
Representatives from the countries of Czech Republic, Slovakia, Poland, Hungary, Austria, Spain, Switzerland, Norway, Sweden, Ireland, United Kingdom, Greece, Italy, The Netherlands, and others, all came together to attend the meeting.
The Summit was presented by Doug Kramer, President & CEO, Steve Williams, Technical Director, David Ziluck, Vice President of International Sales and Ton Klomp, Lapolla Europe based in The Netherlands.
Douglas J. Kramer, CEO and President of Lapolla, stated, “The synergy and camaraderie of Lapolla’s distribution partners while in Amsterdam was overwhelming as everyone is extremely encouraged by growing opportunities with both Insulation Foam and Cool Roof Coatings. The global demand for energy savings has Lapolla and our distribution partners in an ideal position. We expect Lapolla's international distribution channels to continue to grow aggressively in the near term. Plans are already underway to schedule the Lapolla Global Summit - 2012.”
About Lapolla Industries, Inc.
Lapolla Industries, Inc. is a manufacturer of spray foam insulation and cool roof coating products targeting commercial, industrial and residential applications in the roofing and insulation construction industries. Additional information about Lapolla is available at www.Lapolla.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.
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. Copies of Lapolla's press releases and additional information about Lapolla is available on the World Wide Web at www.lapollaindustries.com.
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