Almost...you could call it bedding the tape down into the glue, however, it is actually more like applying a very thin layer of the glue to act as a binder between the foam and the tape, which augments the holding power of the tapes adhesive. You can seal the leading edge of the tape also, by spreading the glue along, then up over the edge.
Is this process Overkill? Perhaps! I's like the Foamie's version of "Pinning" standard nylon hinges into place! (yes...I do that too)
At the liteflight website's front page if you scroll down towards the bottom, you can see a picture of the now discontinued UHU creativ glue. There is mention about a current replacement.
http://www.lightflite.com/