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First Capital Intl. Inc. Announces a New Industrial Product Line.

Energy Editors/Business Editors/High-Tech Writers

HOUSTON--(BUSINESS WIRE)--July 8, 2003

First Capital International Inc. (OTCBB:FCAI.OB), the designer and manufacturer of its prepackaged VIP Systems(TM) (www.VipHomeSystems.com) -- a state-of-the-art automation, media distribution and video observation system, announced today that after years of research & development it has introduced a new product to its product line. Advanced Remote Security Management System ("RSMS") is an industrial solution for the oil & gas industry.

This new product line represents advanced video surveillance, recording and control of various power applications -- all in one unit. This product can be used as an anti-terrorist device, as well as a surveillance system capable of remotely shutting down doors and turning on projector lights. Already the Company is reporting great interest in this new product line from various commercial parties. As a result of this interest, the Company signed a joint marketing agreement with Mediterranean Energy Political Risk Consultancy ("MEPRC") -- a leading European consultancy group.

"We are quite excited to have the opportunity to work with a distinguished partner such as MEPRC, as well as market our new product line to their select group of clients -- including oil & gas companies. This is a major and quite revolutionary product which can bring a new security level to the oil & gas industry and open outstanding possibilities for our Company to participate in major international industrial projects," said Mr. Alex Genin, CEO and president of First Capital International Inc., the maker of VIP Systems(TM).

"We are happy to be able to present to our premier clientele VIP RSMS product line. This new state-of-the-art system takes anti-terrorist and security efforts to a new level of capabilities and can play an important role in major corporations' security policies," said Mr. Cyril Widdershoven, president of MEPRC.

The Company is planning to introduce this new product line in the United States and Europe during July and August of this year.

About Mediterranean Energy Political Risk Consultancy

MEPRC (www.MEPRC.com) is a leading European consultancy group focusing on investment and operations in the oil, natural gas, energy and infrastructure sectors worldwide.

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).

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 and the availability of financing.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 8, 2003
Words:443
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