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SG Blocks to Design and Engineer Prototype for New Farm Stores Roll Out

NEW YORK, June 23, 2015 (GLOBE NEWSWIRE) -- SG Blocks (OTC PINK:SGBX), a premier designer, innovator and fabricator of container-based structures, will be partnering with Farm Stores on a sizable rollout of franchise-based stores. Farm Stores is the largest drive-thru chain in the U.S.

SG Blocks is designing an eco-friendly 640 square foot drive-thru store that will allow Farm Stores to undertake an aggressive new store campaign.

The Farm Stores concept – a hybrid of your neighborhood grocery store, bakery and quick-service restaurant – is a drive-thru retail concept that provides busy families with a unique shopping experience where they can purchase fresh quality products without ever having to leave their car.

"We are thrilled to be working with the leader in drive-thru store chains," stated Paul Galvin, Chairman and CEO of SG Blocks. "These stores will be efficiently designed as fully modular prefabricated units to aid franchisees in rapid site activation, helping them more easily establish Farm Stores locations in new neighborhoods."

"We are excited to be partnering with a national turnkey solution that has a great track record working with established well-known brands," stated Maurice Bared, Chief Operating Officer of Farm Stores. "In addition to being sustainable, the SG modular and prefabricated system will facilitate faster store completion and lead to a quicker return on investment."

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.

About Farm Stores: Headquartered in Miami, Fla. and founded in 1957, Farm Stores is America's largest, most innovative drive-thru store, offering popular grocery and household items along with a variety of fresh baked breads, snacks and prepared foods. For more information, visit www.farmstores.com/franchise.

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 KATI BERGOU, 212-843-9314 KBERGOU@RUBENSTEINPR.COM

Source:SG Blocks, Inc.