First Capital Intl Inc. Will Introduce Its VIP Systems in Florida and Europe.Business Editors/High-Tech Writers Electronic House Expo Spring 2003 Hi-Fi Show 2003 HOUSTON--(BUSINESS WIRE)--Feb. 25, 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) technology, a leading Home Automation and Media Distribution Manufacturer/Integrator, will feature its state-of-the-art VIP Systems(TM) at the upcoming EH Expo in Orlando, Fla., Feb. 27 - March 1 and at the Hi-Fi Show 2003 in Moscow, Russia. The Electronic House Expo (EHX EHX Electro Harmonix (music company) EHX Electronic House Expo ) is one of the leading trade shows in 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. that brings new home automation technology to professional integrators across America and establishes new trends in the industry. Hi-Fi Show 2003 - Moscow is the first international integrators show in the Russian Federation Russian Federation: see Russia. with opportunities to bring together the growing number of integrators and manufacturers in order to promote the exportation of this latest technology to Russia and bring new high-tech products to the Russian consumer market. "We are very excited about both upcoming shows," 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: "We have been very active over the last 3 months and have shown our full VIP Systems(TM) product line throughout the United States and Central/Eastern Europe and can clearly see that there is a tremendous interest in our product line, from all over the world. As a result of these efforts, we now have a sales representative network covering about 30 states in the U.S. and are setting in place our international distribution, as well." Currently the Company is continuing to form 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. , which is built into the wall of a home and has video camera observation system and 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 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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