SOURCE: First Capital International, Inc.

November 16, 2006 10:10 ET

VIP Systems™ Enters Into a New Agreement to Offer "Smart Condo" Technology With MDA Holdings, LLC

HOUSTON, TX -- (MARKET WIRE) -- November 16, 2006 -- First Capital International, Inc. (OTCBB: FCPN), the Designer and Manufacturer of VIP Systems™ (www.VipSystems.us), a state-of-the-art Home Automation and Video Surveillance Security Solution, announced today that the Company has entered an agreement with MDA Holdings, LLC of Houston to provide the latest "Smart Condo" technology for the new 30-story, luxury condo project -- The Residences and Estates at 2727 Kirby at River Oaks, Houston, Texas (www.2727kirby.com).

MDA Holdings stated that under the Agreement, VIP Systems will install, as a standard amenity, the new "VIP Concierge" system for the benefit of all the homeowners. This system allows each resident to wirelessly perform several automated features via a small 7" touch screen. The portable touch-screen will be located in a docking station in each residence. This handheld device can be taken anywhere across the globe where all of the building's services can be accessed via the internet. Some of the features will include: the ability to instruct the valet to deliver their vehicle, have their vehicle detailed, make a reservation at a local restaurant, read the latest news and local weather, arrange dry cleaning services, as well as, have a visual and access control of visitors when they call at the gate, and view any security camera on the property. "Our digital concierge system is so versatile and simple, that with a few minor modifications you can be out of town and still turn on or off your lights, allow your family and friends to enter your property, as well as, allow you complete control of all your luxury amenities from inside the home, such as opening doors, activating and de-activating appliances, and adjusting the thermostat," said James Gooch, Vice President of the Company.

"We are excited to offer such new technology as a standard feature in our project," said Jerry Brown, President of MDA Holdings, LLC -- the Developer of the project. He went on to further state: "This truly is a first-of its-kind, 'Smart Condo' development, which will clearly secure a place for the 2727 Kirby building at the top of the global list of high-tech, luxury condominiums."

About VIP Systems, Inc.

VIP Systems, Inc. is an international technology company and a wholly owned subsidiary of First Capital International, Inc. (OTCBB: FCPN). VIP Systems specializes in Home Automation / Digital Living technology, as well as, Video Surveillance technology for both residential and commercial applications. The Company's forward paced marketing strategy is to bring a digital living environment to millions of households throughout the United States and Europe.

About MDA Holdings, LLC

MDA Holdings, LLC is a Houston, Texas-based Real Estate Developer specializing in luxury hi-rises with distinguished, European design. Additionally, with its hi-tech "Smart Condo" technology, MDA Holdings is currently the only Houston developer offering this "Smart Condo" design as a standard feature in luxury hi-rises.

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.

Contact Information

  • First Capital International, Inc.
    Contact:
    Natalia Kotliartchouk
    Public Relations
    Tel. (713) 629-4866
    Fax (713) 629-4913
    Email Contact
    www.firstcap.net