×

SG Blocks Builds Container-Based Bar and Hotel Room Prototypes for Marriott Moxy Hotels

NEW YORK, Feb. 11, 2015 (GLOBE NEWSWIRE) -- SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it has built a container-based open-air bar and a hotel room mock-up for Marriott's Moxy Hotels. The prototypes were recently revealed at The Americas Lodging Investment Summit on the grounds of Nokia Plaza L.A. LIVE. Marriott announced the U.S. launch of its contemporary brand, Moxy, which currently only operates in Europe. Eight projects were identified and slated for major metropolitan locations including New York City, San Francisco, Seattle, New Orleans and Chicago.

"We are honored that Marriott, one of the world's largest and leading hospitality companies, selected our firm to deliver two container-based products that fit its modern, high energy brand," stated Paul Galvin, Chairman and CEO of SG Blocks. "The efficiency of our product combined with the speed of modular construction resulted in a fast, on trend, and sustainable solution."

The 20'X8' bar was engineered with external flaps to make it expandable to 20'X20'. It is currently at Marriott's corporate headquarters in Bethesda, MD, from where it will be sent across the country for use at various corporate events. The one-container hotel room prototype will permanently be on display at Marriott's headquarters.

"SG Blocks' container-based Moxy structures are the embodiment of the brand's style, design, and attitude," said Tina Edmundson, Global Officer, Luxury & Lifestyle Brands. "The prototypes successfully demonstrated Moxy's fun, edgy, and youthful spirit and allowed patrons of the summit to fully experience the Moxy Hotels concept as we prepare to launch the brand in the U.S."

About SG Blocks: SG Blocks, Inc. (OTCQB: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.

CONTACT: RUBENSTEIN PUBLIC RELATIONS CONTACT: KATI BERGOU, 212-843-9314 KBERGOU@RUBENSTEINPR.COM

Source:SG Blocks, Inc.