First Capital International, Inc. -- Home Automation Showcased at Oceana Condominium and Club


BROOKLYN, N.Y., Aug. 18, 2004 (PRIMEZONE) -- Oceana Condominium and Club, the premier oceanfront community in Brighton Beach, Brooklyn and 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 the featuring of the VIP Systems(tm) Home Automation package in a new Penthouse model.

"This is a tremendous opportunity for our potential purchasers to have a new, state-of-the-art VIP Systems(tm) package in their home," said Ms. Diana W. Jabber -- Senior Vice President of Muss Development Company, the Oceana developer. Ms. Jabber went on to further state: "Oceana Condominium and Club is unique in the greater New York City area with this new, high-tech model home of the future run by VIP Systems(tm)." People will be able to custom-design their systems and purchase directly from the manufacturer. The Penthouse model interior design is by award-winning Alexis Ryan & Associates of Long Island.

"We are quite pleased that the VIP Systems(tm) Home Automation package will be shown at Oceana. This is our first entry into the New York real estate market and we are excited to showcase our VIP Systems(tm) at such a prestigious property," said Alex Genin -- President and CEO for the Company.

VIP Systems(tm) Home Automation package will allow people to control Audio/Video equipment, as well as lighting systems in their homes through state-of-the-art 15"-18" Touch Screen terminals. The System also allows the owner to see and control their home from anywhere in the world through VIP Systems(tm) Surveillance system. All local support for the system's installation will be provided by VIP Distributors LLC -- a New York based VIP Systems(tm) exclusive Dealer/Integrator.

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 -- 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 with active control features for both commercial and Industrial applications.

About Oceana Condominium and Club

Bounded by the beach and ocean, Brighton Beach Avenue and by the community of Manhattan Beach, the Oceana Condominium and Club will ultimately contain over 800 condominium homes. To date, 11 buildings have been constructed and are occupied. The community features a remarkable variety of residences from two-bedroom homes to penthouses with sweeping terraces and large balconies, at prices that range from the $500,000's to over $2.5 million.

Amenities at Oceana include ocean and skyline views, resort-style living with private beach access, 16,000 square foot Health Club and Spa; indoor and outdoor pools; residences with high-tech telecommunications; entrance gatehouse and an express train to Manhattan.

The development is distinguished by its gabled and mansard roofs, oversized windows, and design inspired by classic turn-of-the-century architecture. Project architects for Oceana are Sandy & Babcock International, San Francisco (design architects for Miami's Fisher Island), and the Manhattan-based Schuman, Lichenstein, Claman and Efron.

Oceana is being developed by Muss Development Company -- a fourth generation, full service real estate firm. The company has been developing in New York City since 1906.

For further information, please call (718) 332-0002 or visit: (www.OceanaUSA.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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