SG Blocks Joint Venture Partnership Clarity Mobile Venture Selected as Trusted Testing Partner for Hawaii’s COVID-19 Travel Testing Program
SG Blocks (Nasdaq: SGBX) announced that its partnership with Clarity Lab Solutions was selected as a Trusted Testing Partner for Hawaii's COVID-19 travel testing program. This collaboration aims to deploy mobile laboratories to facilitate testing for travelers, allowing them to bypass a 14-day quarantine. The program launches on November 17, 2020, and CMV will also explore additional testing sites. SG Blocks' modular facilities combined with Clarity's expertise offer a scalable solution for COVID-19 testing, which is increasingly in demand.
- Partnership with Clarity Lab Solutions enhances SG Blocks' capacity in the mobile laboratory market.
- Ability to provide testing services nationwide, aiding Hawaii's travel program.
- Dependence on COVID-19 testing demand may pose risks if the pandemic situation changes.
- Potential operational challenges in meeting testing facility deployment timelines.
NEW YORK--(BUSINESS WIRE)--SG Blocks, Inc. (Nasdaq: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, announced today that its Clarity Mobile Venture (“CMV”) partnership with Clarity Lab Solutions has been selected as a Trusted Testing Partner (TTP) for Hawaii’s COVID-19 travel testing program.
“Our scalable solution for COVID-19 testing has various use-cases, and CMV’s pre-travel service has been in serious demand,” stated Daniel Leger, President and Co-Founder of Clarity Lab Solutions. “With the knowledge of SG Blocks and their deployable modular laboratories and Clarity Lab Solutions’ experience in molecular diagnostics, we were able to fulfill the requirements put forth by Hawaii’s Department of Health to become a Trusted Testing Partner.”
“This is a huge step for our CMV partnership into the rapidly-growing and highly-profitable mobile laboratory market,” stated Paul Galvin, Chief Executive Officer of SG Blocks. “Our ability to combine Clarity’s PCR testing expertise and lab certification, with SG Blocks’ modular, efficient and quickly-deployable testing facilities positions us to assist Hawaii’s efforts to resume normal business and leisure travel activity as quickly and safely as possible.”
CMV has the ability to provide testing services that fulfill TTP requirements around the country and is currently in discussions for launching testing sites in localities that are ideal for testing passengers travelling to Hawaii. Initially, testing will be available in Southern California.
Hawaii’s COVID-19 travel testing program requires that all travelers, five years and older, arriving in the State of Hawaii may bypass the state’s mandatory 14-day quarantine by taking a COVID-19 Nucleic Acid Amplification Test (NAAT) from a trusted testing partner, including CMV. Partners were selected based on their ability to administer the test and expand the testing network, with the goal of making it easier to safely travel to Hawaii. The state will accept COVID-19 test results from the new partners starting November 17, 2020.
About SG Blocks:
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 GreenSteelTM, the structural core and shell of an SG Blocks building, and then customized to client specifications. For more information, visit www.sgblocks.com.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions and includes statements such as making it easier to safely travel to Hawaii. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to construct, deliver and deploy testing facilities to assist Hawaii’s efforts to resume normal business and leisure travel as planned, the Company’s ability to position itself for future profitability, , the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and the Company’s subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
