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Having been in the Home
Automation market since 2000, First Capital
International in now bringing to market their new Video-Surveillance product for
security and anti-terrorism
First Capital International, Inc.
5120 Woodway Drive, Suite 9000
Houston, TX 77056
President and CEO
Interview conducted by:
Lynn Fosse, Senior Editor
June 2, 2005
First Capital International, Inc. 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 Company has also developed a unique Video-Surveillance Solution for
Commercial/Industrial enterprises and for Marine Security Applications. Additionally, the
Company is now actively marketing its product line worldwide.
CEOCFOinterviews: Mr. Genin, will you tell us about First
Capital and your background with the company?
Mr. Genin: I have been with First Capital since 1998,
acting as a principal, president and CEO. First Capital International is a publicly traded
holding company where the main business is involved in home automation and
Video-Surveillance for security. We recently developed technology, which we started to
play in the area of marine and port security; an anti-terrorist device.
you tell us about the market and how you gain a foothold?Mr. Genin:
We feel the market is large and getting larger, due to the concern after 9/11.
Today, there is a new prime area of concern for, which promises to be within the next five
or ten years, probably as large as or larger than the oil and gas business. One of the
aspects related to this business is the issue of security or tankers and how they can be
delivered to all ports. Our stronghold in this particular area is our patent for a devise,
which allows us to control tankers with hazardous materials as it enters into various U.S.
waters. It is a very sophisticated, yet economical anti-terrorism device.
CEOCFOinterviews: How is
this rolled out and are people using that now?
Mr. Genin: Our anti-terrorism technology was rolled
out, as a presentation in November last year (2004) at the Port of Houston. We presented
it to a diplomatic core of people and some press. Installation was made on the Cape
Texas, a U.S. ship belonging to MARAD (U.S. Maritime Administration), which is used
for supplying military equipment to Iraq. We scheduled to have a second Pilot Project with
a MARAD, when the ships retire and turn back from the military operation, which should be
at the end of April or May. We also are proposing to implement a pilot in the Balkan Sea
with one of the Russian ships. We are now in the position to run over the next six to
eight months, this particular test pilots in the various areas of the world. After that,
we will try to persuade people and explain how important the technology is. Meanwhile, we
will participate in the several trade missions to Russia from the U.S., as well as
Homeland Security assignments in Washington, D.C. this month. So more and more people are
getting familiar with what we do.
is new on Home Automation side?
Mr. Genin: We have been in the Home Automation market
since 2000. We achieved several major steps and have patents on our technology. We are now
installing a product for several builders and as a result of our showrooms, we are
installing some items through Trammel Crow Residential, which is the nations largest
builders. We are also working with a large condominium builder in Florida right now to
make an installation. One of the new products that is hot on the market, which we designed
is called a Mirror T.V., which is a T.V. hidden behind a mirror in the bathroom. It is a
remote control device, which is very sophisticated. It is partly security and partly a
device that controls lights and sounds and the television. It is known as the home theater
of the future and it is getting more popular and eventually will be found in the house
much like a microwave or refrigerator.
sets your Home Automation technology apart from others?
Mr. Genin: On the market, there are very few companies
proposing our technology; maybe just four or five and they are much more expensive that
what we are offering. We are offering a total solution, which gives us some great
possibilities. In another area, we have a dealership in several countries, mainly in Russia,
which is a successful one. We do some Home Automation over there too.
CEOCFOinterviews: Do you see your international focus
Mr. Genin: Right now we are focusing on Russia very
substantially, because we have people on the ground. We also believe that portion of our
business could be bigger than in the United States.
CEOCFOinterviews: How are you funding your growth?
Mr. Genin: We are primarily funded internally, through
are your plans for the future?
Mr. Genin: The main points that we are trying to
achieve is to get a contract that relates to the ports in the U.S. and overseas. We are
working feverishly in this respect. In home automation, we are utilizing our relationship
with a major condominium and homebuilder.
should potential investors be interested and what should they realize about the company
that might not be readily apparent?
Mr. Genin: I would say that there are enormous
possibilities if our technology is accepted in the U.S. or internationally for the VIP
Systems product line. We can be the leader of the pack, because it is a patented
technology and everyone has to use it. So far, we checked with the TSA, which is the
Transportation Security Agency and various government agencies, including the Coast Guard
and nobody offers anything similar. We believe we eventually will have an enormous chance
for our technology to be a mandatory feature in the industry.
there other applications for the technology?
Mr. Genin: Yes, we are in video-teleconferencing right
now. We are bidding on several projects where the marine merchant ships will be able to
have a video-teleconferencing feature. Someone from a base will be able to see what is
going on in a ship during the time of their journey. We feel it is a very important
feature. When people see our pilot programs and how well the feature performs, it will
probably be a mandatory feature on lots of marine merchant ships.
closing, what should people remember most about First Capital?
Mr. Genin: I think people should remember our marine
applications, which could lead to enormous potential for investors and our video-
teleconferencing, which we already did in Russia.
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