Press Releases

SG Blocks, Inc. Announces Dr. Socrates A. Ioannides, Ph.D as Senior Advisor

NEW YORK, March 12, 2014 (GLOBE NEWSWIRE) -- SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, today announced the addition of Dr. Socrates A. Ioannides, Ph.D, S.E., as a Senior Advisor.

Dr. Ioannides, President of Structural Affiliates International, has achieved international success in integrating the steel industry into regions of the world where concrete construction is dominant. He has served on a variety of national and international committees and forums and has published dozens of papers on highly analytical, as well as practical aspects of structural engineering.

Headquartered in Tennessee, Dr. Ioannides has managed personnel globally to design and implement structural steel into high-rise construction projects. He was the national winner of the Engineering Award of Excellence from the American Institute of Steel Construction in 1998.

"Economy is a spur, not an obstacle, to creativity in structural art. This is especially true with the SG Blocks Building System where innovative design marries flexibility, safety and cost effectiveness. Wide spread container-based construction is very viable, I'm excited to be part of bringing the myriad of possible applications to life with SG Blocks," said Dr. Ioannides.

"Dr. Ioannides represents comprehensive excellence in structural engineering, his contributions to the advancement of container-based construction continue to be substantial to our Company," said SG Blocks CEO, Paul Galvin.

About SG Blocks:

SG Blocks is a developer and producer of innovative commercial and private environments utilizing code-engineered cargo shipping containers. Providing solutions to some of the world's biggest companies and government agencies, SG Blocks offers cost effective container-construction technology that exceeds many standard building code requirements. The Company works with developers, architects, builders and owners to achieve faster execution, stronger high-value buildings, and greener construction. For more information, visit www.sgblocks.com.

Cautionary Note Regarding Forward-Looking Statements:

Information in this release that involves the expectations, intentions or strategies of the Company 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," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause actual future results to differ materially from those expressed in the forward-looking statements set forth within include, but are not limited to, the timing and successful completion of the Company's business plans.  The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company 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, and other factors, some of which may cause actual results to differ materially from our current expectations.

CONTACT: Jennifer Strumingher
         Chief Administrative Officer
         (212) 520-6216
Source: SG Blocks, Inc.