First Capital Int'l, Inc., Appoints New Advisory Board Members


HOUSTON, May 12, 2004 (PRIMEZONE) -- First Capital International, Inc. (OTCBB:FCAI), the Designer and Manufacturer of its prepackaged VIP Systems(tm) (www.VipHomeSystems.com) -- a state-of-the-art Home Automation, Media Distribution and Video Observation system, announced today that Mr. Andrew Grebe, Ph.D. and Mr. Frank Cummings have been appointed to the Company's Advisory Board.

Mr. Grebe has an extensive background and experience of over 20 years within industrial companies around the world, as well as teaching experience as a Professor at the Texas A&M University. His involvement within the academic circles and the petroleum industry will help to facilitate the marketing of VIP Systems(tm) product line to industrial markets.

Mr. Cummings career spans in excess of 20 years, as an Executive in the engineering and marketing of industrial equipment for Fortune 500 companies, including Halliburton, ABB Randall and M.W. Kellogg. His in-depth knowledge of the industrial Petrochemical market in the United States and overseas will help to launch our VIP Systems(tm) marketing efforts to the industrial segment of the Market.

"We are very pleased to have both Mr. Grebe and Mr. Cummings become members of our Company's Advisory Board," said Alex Genin President and CEO for the Company. Mr. Genin went on to further state that "Both these gentlemen, along with Mr. Paul Trudeau -- who joined our Advisory Board last month -- will be great spokesmen and marketing experts for our VIP Systems(tm) product line, throughout both the home building and the commercial/industrial markets."

Recently, the Company introduced to the Market a new digital Media Center set-top box, as well as, announced new, major projects underway in Russia -- including a Pilot Project Contract for Murmansk Trawl Fleet Company -- one of the largest fishing fleet companies in Russia, as well as, several other commercial bids under consideration at this time.

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 No. US 6,628,510). The System (www.VipHomeSystems.com) is a fully interactive Internet device complete with a touch-screen LCD monitor with a full CPU and Video camera observation system. The Company is actively marketing a newly developed Video surveillance system with Active Control features for both commercial and industrial applications.

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.

First Capital International, Inc.'s VIP Systems(TM) logo can be found at http://media.primezone.com/prs/single/?pkgid=827



            

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