HOUSTON, Feb. 19, 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 the Company will open a new industrial showroom for its VIP Systems(tm) product line in Moscow, Russia.
The Company reports that it has just signed an Agreement with A/O "CHIMMASHEXPORT", a major Russian industrial import/export company, to open a showroom in Moscow in order to promote the Company's VIP Systems(tm) product line to the A/O "CHIMMASHEXPORT" customer base throughout the Russian Federation. This new showroom will be located at the A/O "CHIMMASHEXPORT" company headquarters in Moscow and will target all major and medium-sized Russian industrial companies in order to promote VIP Systems(tm) video surveillance and active control technology.
"This is an outstanding opportunity for our Company to establish our presence throughout the Russian industrial marketplace," said Alex Genin, President and CEO for the Company. Mr. Genin further stated: "We have spent almost two years in developing the relationships and market strategy for this industrial market and now we can do our direct selling activities."
Additionally, the Company will exhibit its VIP Systems(tm) product line and technology at the upcoming CEBIT Exhibition in Germany this March and as a Member of the United States Department of Commerce Exhibitor's Pavilion.
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 video camera observation system and a touch-screen LCD monitor with full CPU, that is built into the wall of a home and has full Web capabilities. The Company's product line was recently awarded one of the best 50 Home Automation Products of the year by the Home Automation Magazine.
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