“SG ECHO to Commence Manufacturing in Q4 2020”

SG Blocks, Inc. (NASDAQ: SGBX), and its manufacturing subsidiary, SG ECHO, have executed a $2.9 million contract to deliver seven (7) modular buildings in New Mexico. The building units will be manufactured in SG ECHO’s Durant, Oklahoma factory, commencing in Q4 2020, and are projected to be substantially completed in Q4 2020 and installed on site in New Mexico in Q1 2021.

“High quality and speed to market are the key components of modular construction, in this instance, we are pleased to be helping a community to achieve its goals on time and on budget,” said Paul Galvin, Chairman and CEO of SG Blocks.

To learn more about SG Blocks visit sgblocks.com.

About SG Blocks, Inc.

SG Blocks, Inc. 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. Each project starts with GreenSteel™, the structural core and shell of an SG Blocks building, and then customized to client specifications. For more information, visit www.sgblocks.com.