First Capital Intl Inc. Reports the Creation of a Nationwide Dealers Network.Business Editors/High-Tech Writers International Builders' Show CES HOUSTON--(BUSINESS WIRE)--Feb. 18, 2003 First Capital International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FCAI FCAI Federal Chamber of Automotive Industries (Australia) )(Frankfurt:FCAI.F)(Berlin:FCAI.BE) announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. VIP Systems(TM), a leading Home Automation and Media Distribution Manufacturer/Integrator, has successfully completed its first phase of the creation of nationwide network of sales representatives. The initial sales representatives territories will cover the central and eastern sections of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "We are very excited to be able to sign on several leading regional representative companies which will carry our line of products," said Alex Genin - the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of First Capital International Inc. - the maker of Vip Systems(TM). Mr. Genin went on to further state: "Our Company started shipping the full Vip Systems(TM) product model in January of this year and we are quite excited by the success of our system at both the CES and the International Builders' Show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , last month." Currently the Company is creating new alliances in the industry and is actively seeking additional representative companies on the West Coast in order to complete the first phase of its representative network program. About First Capital International Inc. First Capital International Inc. (www.firstcap.net) is a rapidly expanding international technology company with its headquarters in Houston. The Company has developed a new Video Conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , 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 CPU in full central processing unit Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit. 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, in April 2002, as well as, at the NextGen Home Project (http://nextgenhome.ishow.com/p_touch.cfm) in January of 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. |
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