SOURCE: First Capital International, Inc.

February 01, 2007 11:16 ET

First Capital International, Inc. and Teledyne Brown Engineering, Inc. Sign Letter of Intent

HOUSTON, TX -- (MARKET WIRE) -- February 1, 2007 -- First Capital International, Inc. (OTCBB: FCPN), a GSA Security Integrator and Enterprise Technology Solution Provider, announced today that the Company has signed a Letter of Intent with Teledyne Brown Engineering, Inc., a wholly owned subsidiary of Teledyne Technologies Incorporated, a major technology and defense contractor, to pursue several homeland security business opportunities with the Port of Houston and the City of Houston.

"This is a great new avenue of opportunity for our technology and marketing capabilities," said Alex Genin, CEO and president, First Capital International. Genin also stated: "Having such an outstanding relationship with Teledyne Brown Engineering will make it easy to offer state-of-the-art security and technology solutions to major homeland security customers worldwide."

"Teledyne Brown's experience with both Radio Frequency Identification (RFID) hardware and turn-key Broadband RF products allows us to pair top tier hardware with our driving initiative to deliver reliable and mission critical solutions to our clients," said James C. Gooch Sr., Vice President of Technology for First Capital.

John Yanosky, vice president, missile systems group, Teledyne Brown, said, "Teledyne is pleased to work with a well known Houston technology company such as First Capital on projects we expect will have great benefits to both companies."

The companies have reported that they expect to enter into a formal Teaming Agreement in February 2007 and move quickly forward with joint marketing efforts.

About First Capital International, Inc.

First Capital International, Inc. (www.firstcap.net) is an international technology company (OTCBB: FCPN), with its main business focus on technology innovations for the Government and private sector. The Company specializes in enterprise video surveillance solutions, multi-level building automation, as well as, technology planning and integration for GSA contracts and Maritime Security.

About Teledyne Brown Engineering

Teledyne Brown Engineering, Inc., headquartered in Huntsville, Ala., is a full-service technology solutions company with core capabilities in technology development, systems engineering, design, prototype development, testing, manufacturing, logistics, and operations and maintenance. These capabilities are applied across a wide range of programs in aerospace, defense, information technology, and environmental engineering. More information about Teledyne Brown Engineering may be found at www.tbe.com.

About Teledyne Technologies Incorporated

Teledyne Brown Engineering is a wholly owned subsidiary of Teledyne Technologies Incorporated, headquartered in Los Angeles, Calif. Teledyne Technologies is a leading provider of sophisticated electronics components, instruments and communications products, systems engineering solutions, aerospace engines and components, and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.

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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