PRESS RELEASE: MILESTONE

For Immediate Release

UltraCell Verifies Pilot Production Meets Key Certification Requirements

December 29, 2015 – Cookeville, TN – UltraCell Insulation LLC, an emerging technology leader in the cellulose insulation industry, today announced that insulation from its pilot production run in December gave excellent results in testing by R&D Services in Cookeville, TN.  R&D Services is a leading provider of testing and accreditation services to the thermal insulation industry. The test confirmed that the Company’s product from pilot production meets or exceeds industry standards for settled density, as well as certification requirements for thermal resistance, critical radiant flux, and smoldering combustion as set forth by the U.S. Consumer Product Safety Commission, in reference to ASTM 739 standards.

The test results apply to pilot production of the Company’s product.  “The testing by R&D Services gives us confidence that product from commercial production later this year will also give stellar results,” said Jim Austin, President and Chief Development Officer of UltraCell.  Austin is in charge of the Company’s current effort to bring up its first plant, and will be in charge of future efforts to site and develop new plants.  A veteran of the pulp and paper industry, Austin has served as President of several firms including Empire Tissue Company, Northeast C&D Recycling, and Besicorp Empire Newsprint, and also served as a Director of Great Lakes Pulp and Paper.

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