PRESS RELEASE

For Immediate Release

UltraCell Joins Impact Capital Summit

July 20, 2016 – Nantucket, MA – UltraCell Insulation LLC, an emerging technology leader in the cellulose insulation industry, today announced its participation in the prestigious Impact Capital Summit on July 20-21 in Nantucket, MA.  The Summit brought together impact investors, industry leaders and representatives from key government agencies for a discussion of the latest trends in Socially Responsible Investing, where investments are made with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return.

“Many of our investors were attracted to UltraCell for our potential to provide a big financial return while also making a big contribution toward reducing our country’s energy usage and carbon emissions,” said Jon Strimling, CEO of UltraCell.  “We also received generous grant funding from the U.S. Environmental Protection Agency and the National Science Foundation in recognition of our potential for significant positive environmental impact.  We are very grateful that Impact Investing has emerged as a powerful force in investment capital markets.”

UltraCell Insulation LLC is launching a breakthrough technology for the production of an advanced form of cellulose insulation and will begin shipping UltraCell from its plant in Buffalo, NY in early 2017.  Founded in January 2013, UltraCell employs a patented process to blend fiber from pulped recycled cardboard with fiber from other clean paper feedstocks, which results in production of an extraordinarily pure and clean cellulose insulation. UltraCell partnered with the Greenpac Mill in Niagara Falls to obtain clean recycled fiber from corrugated cardboard to feed its manufacturing process. Greenpac is North America’s largest and cleanest pulper of recycled cardboard, and also gives UltraCell the benefit of its enormous buying power in paper commodity markets.

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For more information, contact Jon Strimling

jstrimling@ultracellinsulation.com