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SG Blocks Announces New Shipping Container-Based Rental Units

NEW YORK, March 17, 2015 (GLOBE NEWSWIRE) -- SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it will be offering shipping container rental units. The expandable structures are ideal for use at conferences, inside or outside convention centers, to host events or to serve as popups to attract new retail clients.

"We are excited to introduce our latest product line: fully functional, customizable units available to ship to any location in the country," stated Paul Galvin, Chairman and CEO of SG Blocks. "We realized that there was a demand in the industry to lease such a product for a set amount of time and are here to satisfy the need with the most sustainable solution."

The units, which are best in ambient climates, are available for deployment with as little as two weeks' notice and SG Blocks requires a three-day minimum for rentals. For more information on the product line, please visit: www.sgblocks.com.

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.

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

Source:SG Blocks, Inc.