SG Blocks Completes Shipment and Installation of All Container Units for New Bareburger Restaurant on Long Island


NEW YORK, April 14, 2015 (GLOBE NEWSWIRE) -- SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it has completed the shipment and installation of its GreenSteel product for the new Bareburger restaurant that will open in the spring of 2015 on Long Island.

"Our goal was to ensure Bareburger had its new structure in place as soon as possible to get them to market much quicker than with conventional construction," stated Paul Galvin, Chairman and CEO of SG Blocks. "Bareburger chose a unique, environmentally favorable design which will have the restaurant up and running in the coming weeks."

GreenSteel is the structural core and shell of an SG Blocks building and the Bareburger will be a two-story, 11-container restaurant located at 395 South Oyster Bay Road, Plainview, NY. SG Blocks delivered the GreenSteel containers – which were prefabricated in Jacksonville, FL – less than three months after the partnership was announced.

"Since opening our first restaurant nearly six years ago, a key element of the Bareburger philosophy has focused on sustainability. We use energy efficient equipment and lighting in our restaurants, reclaimed materials for our furniture and fixtures, and we design our menu and operational practices to reduce waste," said John Simeonidis, Jr., Chief Brand Officer, and Co-Founder of Bareburger.

"We're constantly researching ways to minimize our impact on the environment. We started looking at using shipping containers two years ago. After several design iterations and a lot of learning we'll be opening our newest Bareburger restaurant in Plainview which we see as a natural extension of how we approach our business."

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.

About Bareburger: Bareburger (the "bare" being a nod to the choice to use organic and all-natural ingredients free of hormones, pesticides and other unsavory elements) is a micro-chain of organic burger restaurants that has quickly become known for its dedication to free-range, grass-fed, locally sourced and mouth-watering burgers and sandwiches, fresh salads, delicious shakes and sharable snacks in environmentally sustainable, eco-friendly locations.


            

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