Market Overview

SG Blocks Names Scott Hill Vice President of Operations

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Leading Modular Construction Industry Expert Joins Senior Executive
Team to Help Oversee Company Strategy

SG
Blocks, Inc.
 (NASDAQ: SGBX),
a leading designer, fabricator and innovator of container-based modular
structures, named Scott Hill Vice President of Operations. In his new
position, Hill will work closely with the senior executive team to help
oversee and implement day-to-day business activities and strategies.
Hill will be based in Austin and New York.

"SG Blocks is continuing its substantial growth and we are excited to
welcome Scott to our management team," stated Paul Galvin, Chairman and
CEO of SG Blocks. "His expertise in the construction and modular
industries will be an asset as we continue to expand our innovative
ICC-certified container-based method of construction on both a national
and global scale."

"Modular construction is the future of the construction industry and I
am thrilled to be joining SG Blocks, the leader in the space," stated
Hill. "It is exhilarating to have the opportunity to work with the
executive team and embark on new projects and developments utilizing
this efficient, sustainable method of construction."

Hill brings 30 years of experience in all aspects of the construction
industry, including recent modular construction projects, to SG Blocks.
He has overseen all elements of the industry including architectural
design, facilities management and construction management.

Prior to his current role, Hill was Preconstruction Manager at Bravo
Builders, LLC. Previously, he was Director of Pre-Construction Services
at The Rinaldi Group. He was also formerly Principal at Barton Hills
Construction Management, Senior Project Manager at O&S Associates, Inc.
and Principal at Middleton Construction Management. Hill also held other
positions in the industry at Simone Development Company, HRH
Construction, Bovis Lend Lease, J.A. Jones-GMO and SL Green Real Estate.
He has experience working on projects in the U.S., Kuwait, Saudi Arabia,
Puerto Rico, Argentina and Mexico, among others.

Hill holds a Bachelor of Science degree from the City College School of
Architecture and Environmental Studies and a Bachelor of Architecture
degree from the City College of New York. He is a registered architect
in New York and Texas.

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.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking
statements" within the meaning of the federal securities laws. Words
such as "may," "might," "will," "should," "believe," "expect,"
"anticipate," "estimate," "continue," "predict," "forecast," "project,"
"plan," "intend" or similar expressions, or statements regarding intent,
belief, or current expectations, are forward-looking statements. While
SG Blocks believes these forward-looking statements are reasonable,
undue reliance should not be placed on any such forward-looking
statements, which are based on information available to us on the date
of this release. These forward-looking statements are based upon current
estimates and assumptions and are subject to various risks and
uncertainties, including without limitation those set forth in SG
Blocks' filings with the Securities and Exchange Commission. Thus,
actual results could be materially different. SG Blocks expressly
disclaims any obligation to update or alter statements whether as a
result of new information, future events or otherwise, except as
required by law.

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