First Capital Intl Inc. Announced New VIP Systems Model at the EHX Show.

Business Editors/High-Tech Writers

Electronic House Expo Spring 2003

HOUSTON--(BUSINESS WIRE)--March 4, 2003

First Capital International Inc. (OTCBB:FCAI.OB)(Frankfurt:FCAI.F)(Berlin:FCAI.BE) announced today that its wholly owned subsidiary - VIP Systems(TM) - a leading Home Automation and Media Distribution Manufacturer/Integrator, featured the latest version of its 15" LCD state-of-the-art VIP Systems(TM) last week at the EHX Expo in Orlando, Fla. The Electronic House Expo (EHX) is one of the leading tradeshows in the United States that brings new home automation technology to professional integrators across America and establishes new trends in the industry.

This new version of the growing product line of VIP Systems(TM) is the "economy" version and is comprised of a 15" Flat Touch Screen Panel which comes fully loaded with a powerful CPU, as well as the Home Automation Software package and IR control devices. This latest version of the VIP Systems(TM) will be offered to integrators/dealers at a special price below $3,000, which will make this version of the system the most powerful and fully integrated Home Automation Solution available on the market today in this price range.

"This is a major event and our dealers are very excited about new VIP Systems model," said Alex Genin, the CEO and president of First Capital International Inc. - the maker of VIP Systems(TM). Mr. Genin went on to further state: "We believe that we now have a system that is truly ready for the mass market and this will make a 'House of the Future' a reality for a majority of home owners in the United States."

This new version of the system can be mounted on the wall or can operate as a table-top model. The system will offer an Internet browser with Internet streaming audio/video capabilities, powerful SYS Home Automation Software and the VIP Systems(TM) user-friendly interface. Additionally, the system is fully upgradeable to all other Models of the VIP Systems(TM) product line.

About First Capital International Inc.

First Capital International Inc. (www.firstcap.net) is a rapidly expanding international technology company with its headquarters in Houston, Texas. The Company has developed a new Video Conferencing, Media Distribution and Home Automation Center - the VIP Systems(TM) (patent pending). The System (www.VipHomeSystems.com) is a fully interactive Internet device complete with touch-screen LCD monitor with full CPU and Video camera observation system, which is built into the wall of a home and has full Web capabilities. The VIP Systems(TM) was featured as the main Home Automation Control Unit at the Bob Vila's dotCom dreamHome Project in Las Vegas, Nev., in April 2002, as well as, at the NextGen Home Project (http://nextgenhome.ishow.com/p_touch.cfm) in January 2003.

This press release contains forward-looking statements that involve a number of risks and uncertainties. In addition to those factors already discussed, important factors that could cause actual results to differ materially from those in the forward-looking statements are, among others, fiscal operating strategy, economic stability in Europe, and the availability of financing.