Contact Information: Lapolla Contacts: Douglas J. Kramer CEO Michael T. Adams CGO (281) 219-4700 IR Contact: Howard Gostfrand (305) 918-7000 info@amcapventures.com www.amcapventures.com
Lapolla Engages American Capital Ventures for Investor Relations
Initiates Broad Based Investor Relations Program
| Source: Lapolla Industries, Inc.
HOUSTON, TX--(Marketwire - February 3, 2010) - Lapolla Industries, Inc. (OTCBB : LPAD )
(Lapolla), a Houston based manufacturer and supplier of spray foam
insulation, coatings, and equipment designed to reduce energy consumption
in the residential and commercial markets for both new construction and
retrofit applications, today announced that the Company has retained the
services of American Capital Ventures (ACV), a leading provider of
comprehensive investor relations services to the micro and small cap
community.
Mr. Douglas Kramer, CEO and President of Lapolla, commented, "Over the past
5 years Lapolla has experienced 82% compounded revenue growth, or 1,983
percent total revenue growth, despite a challenging macro economic
environment and one of the worst real estate crises in history. Lapolla has
positioned itself as one of the premier manufacturers and suppliers of
energy efficient spray foam insulation. With increasing energy costs and
energy conservation efforts, we anticipate that this trend will continue as
we need to effectively explain the value proposition we offer. We have
recommitted our company, and management team, to broadening our
communication efforts on both the public and the investor front. As a key
part of this initiative, we are pleased to retain American Capital Ventures
as our investor relations firm. ACV has a strong track record of assisting
high growth companies like ours in increasing their visibility, expanding
their investor platform, and adding value to the company and its
shareholders. We are looking forward to working with ACV on this effort."
Howard Gostfrand, President of American Capital Ventures, commented, "We
are equally pleased to be working with, and collaborating alongside,
Lapolla and its management team. The Company, built on a solid grass roots
foundation, is advantageously poised to benefit from the current economic
environment and the importance placed on energy conservation in the
residential and commercial development and retrofitting markets. In
anticipation of what lies ahead, their dedicated management team and ACV,
are fully committed to increasing Lapolla's outreach efforts. The company's
impressive growth rate and business strategy needs to be clearly and
efficiently communicated to the public and the investor community."
About Lapolla Industries, Inc.
Lapolla Industries, Inc. is a leading manufacturer and supplier of spray
polyurethane foam for insulation and coatings targeting residential and
commercial applications in the building envelope construction industries.
For more information, please visit www.Lapolla.com and
www.AirTightInsulation.com.
About American Capital Ventures, Inc.
American Capital Ventures (ACV) is a boutique investor relations firm
founded on the principals of hard work, professionalism and integrity. Our
company offers emerging growth companies a different, more comprehensive
approach to investor relations. ACV delivers highly effective investor
communications counsel in conjunction with developing tangible brokerage
relationships for our clients. Our goal is to allow management the ability
to focus on their core business, while assisting them in communicating
their message and develop their investor relationships.
Forward Looking Statements
Statements made in this press release that are not historical facts
constitute "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933, Section 21 of the Securities Exchange Act of
1934 and the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are necessarily estimates reflecting the best
judgment of senior management and express the Company's opinions about
trends and factors which may impact future operating results. 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. The Company undertakes no duty to update any
forward-looking statement to conform the statement to actual results or
changes in the Company's expectations. For further information regarding
risks, uncertainties, and other factors associated with Lapolla's business,
please refer to Lapolla's SEC filings, including, but not limited to, its
annual report on Form 10-K and quarterly reports on Form 10-Q, which are
available at www.lapollaindustries.com.