SOURCE: First Capital International, Inc.

August 11, 2005 10:05 ET

VIP Systems™ Signs a New Contract With a Major Hi-Rise Development

HOUSTON, TX -- (MARKET WIRE) -- August 11, 2005 -- First Capital International, Inc. (OTC BB: FCAI), the Designer and Manufacturer of its prepackaged VIP Systems™ (www.VipSystems.us) -- a state-of-the-art Video Surveillance Security Solution, announced today that the Company has signed a Marketing Agreement with the Sunhill Group.

The Company reports that, under the terms of this new Contract, Sunhill will market VIP Systems™ packages among the 113 Condominium owners for the existing Emerald by the Sea development located in Galveston, Texas. Additionally, Sunhill will install basic home automation and video surveillance systems in all of its future development projects -- including its new hi-rise tower projects in Galveston and Tiki Island, Texas.

"We are very excited about this new development," said Alex Genin -- CEO and President of the Company. He went on to further state: "With over 400 basic home automation installations and the substantial up-sell opportunities, we can envision our product line rolling into the main stream market."

Mr. Harvey Denman, Vice-President of the Sunhill Group, said: "We firmly believe that VIP Systems™ will bring to our projects the true meaning of 'real homes of the future' and will clearly differentiate our projects from the rest of the hi-rise condo developments in the region."

VIP Systems, Inc. recently signed an agreement with several hi-rise condominium developers in Texas and Florida to provide base Home Automation and Integration services to the property owners.

About Emerald by the Sea

Emerald by the Sea is a new 15 story condominium development project in Galveston, Texas. It is being developed by the Randall Davis Company -- a well known Real Estate Developer in Houston, Texas, and jointly with the Sunhill Group.

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™ (patent No. US 6,628,510). The Company has also developed a unique Video Surveillance Solution for Residential, Commercial and Industrial enterprises and for Marine Security Applications. Additionally, the Company is now actively marketing its product line worldwide.

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
    www.firstcap.net
    Contact: Natalia Kotliartchouk