SG Blocks Partners With Bareburger on New Container-Based Restaurant in Oyster Bay


NEW YORK, Dec. 15, 2014 (GLOBE NEWSWIRE) -- SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it is partnering with Bareburger on a new restaurant in Oyster Bay. The firm will be supplying its GreenSteel product, the structural core and shell of an SG Blocks building, for the two-story, 11-container restaurant. The restaurant will be located at 395 South Oyster Bay Road, Plainview, NY.

"We share many values with Bareburger, foremost our stance on providing an eco-friendly and sustainable product," stated Paul Galvin, Chairman and CEO of SG Blocks. "This project has a unique design, which demonstrates our expertise in developing code-complaint structures by creatively manipulating a standard shape to achieve the distinct needs of each client."

SG Blocks will deliver the GreenSteel containers – which are currently being prefabricated in Jacksonville, FL – in eight weeks and the new Bareburger is expected to open in the spring of 2015.

"Bareburger's philosophy has always been to offer organic and all-natural food in a sustainable environment and we are excited that this location offers us the opportunity to further develop this vision," stated John Simeonidis Jr., CBO & Co-Founder of Bareburger. "By partnering with SG Blocks, we are pushing the definition of 'sustainable environment' to the next level, providing our guests in Plainview with a dining experience even more unique than what they have come to expect from us."

About SG Blocks: SG Blocks, Inc. (SGBX) is a premier innovator in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. It has four product lines: retail, commercial, military and residential. SG Blocks also has an exclusive 10-year collaboration and supply contract with ConGlobal Industries Inc., the largest shipping container depot operator in the United States. For more information, visit www.sgblocks.com.

Cautionary Note Regarding Forward-Looking Statements:

Information in this press release that involves the expectations, plans, intentions or strategies of SG Blocks regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release, they are identified by references to dates after the date of this release and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause SG Blocks' actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, the timing and successful completion of the engagement.  The forward-looking statements in this release are based upon information available to SG Blocks as of the date of this release, and SG Blocks assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.


            

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