SOURCE: First Capital International, Inc.

December 06, 2007 09:00 ET

First Capital International, Inc. Announces New Contracts in Russia

HOUSTON, TX--(Marketwire - December 6, 2007) - First Capital International, Inc. (OTCBB: FCPN), the Designer and Manufacturer of its prepackaged VIP Systems™ (, a state-of-the-art Video Surveillance Security Solution, announced today that the Company has signed a long-term Contract with a Russian independent Power Developer to provide security systems for several Power Stations in the Russian Federation.

This new Contract is with RosInvestStroy and will require that First Capital International, Inc. provide a full security complex from fire protection, IT security and video surveillance to complete security solutions for a group of several Power Stations located in Moscow and St. Petersburg.

"We are very excited to bring this development to Russia as a part of our long-term strategy for our industrial division," said Alex Genin - CEO and President of First Capital International, Inc. Mr. Genin went on to further state: "With a total power output for these stations in excess of 800 MWT, this will make these Power Station projects the largest long-term projects for our Company."

First Capital is reporting that it expects funding for the first phase of the projects to take place in April - May of 2008. Further, the Company is continuing its marketing efforts of bringing the Company's technology to the Russian market -- which is currently one of the fastest growing security markets in the world.

Additionally, the Company further reports that these above-referenced Power Station Projects will also involve the Washington Division of URS Corporation, Decisive Analytics Corporation and OAO Russian Electronica. All of these respective companies have recently signed Teaming Agreements with First Capital International, Inc. to develop these new business opportunities in the energy sector of the Russian Federation.

About First Capital International, Inc.

First Capital International, Inc. is an international technology company (OTCBB: FCPN) with its main business focus on full technology Security Solutions for various enterprise ventures. The Company specializes in video surveillance enterprise solutions, technology integration solutions for marine and urban technology, as well as a new anti-terrorist energy transportation solution technology.

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

  • For Additional Information, please contact:

    First Capital International, Inc.
    Tel. (713) 629-4866
    Fax (713) 629-4913
    Email Contact
    Contact: Public Relations Department