PITTSBURGH, June 6 /PRNewswire/ -- Adams Capital Management, Inc. (ACM) today announced that Anthony Lye, an industry veteran and current leader at Siebel Systems/Oracle Corp., has joined the firm as a Venture Partner.

At ACM, Mr. Lye will put two decades of experience to work with ACM's IT and networking infrastructure companies, sharing what he learned while handling business strategies, sales, product marketing and management, and P&L responsibility for groups, divisions and companies ranging in size from start- ups to industry giants.

"Anthony's experience as Group Vice President of CRM applications in the products organization at Siebel and Oracle, and as CEO of a start-up company, will be a tremendous resource to ACM's entrepreneurs," said Martin Neath, ACM General Partner. "His successful track record in building products and solutions that customers want to buy will be extremely valuable to the management teams of our portfolio companies."

"I'm delighted to join the ACM team, and look forward to expanding the Palo Alto office with George Ugras, ACM General Partner, and Joe Raffa, my fellow Venture Partner," said Mr. Lye. "This is a great opportunity to work with early-stage companies and help entrepreneurs bring innovative technologies and products to market."

"I am particularly impressed by ACM's Value Creation Investment Platform and its disciplined approach to helping companies navigate the difficult product development phase," he added. "Our process leads to wide market acceptance of products and helps create market-leading companies with significant revenue growth potential."

Before joining ACM, Mr. Lye was the Group Vice President and General Manager Applications for Siebel Systems/Oracle Corp., where he led the product integration for the acquisition and was directly responsible for all of the CRM division's core horizontal and vertical application technologies including sales, service, marketing, customer order management, self service, enterprise information management and UI/UE, as well as managing direct application strategy, product marketing, and product management.

Before working at Siebel, Mr. Lye spent six years as the President and CEO of ePeople, a collaborative CRM company focused on high value "build to order" customer relationships. Before working at ePeople, Mr. Lye held key positions in product marketing and management, and both domestic and international sales and marketing at Tivoli, Remedy Corporation and Categoric Software. He holds both a Bachelor's Degree and Master's Degree in Engineering from the University of Bath, U.K.

"Anthony's distinctive operating experience relates well with entrepreneurs as he has walked their path and made the tough decisions that every CEO of a technology start-up faces," said Joel Adams, ACM Managing General Partner. "We are excited to have Anthony on the ACM team and believe that his vast operations experience, technical expertise and extensive industry contacts will prove to be an invaluable asset to our portfolio."

Mr. Lye is based in Palo Alto, California, where he will evaluate potential investments and work with existing portfolio companies in the IT and networking infrastructure industries.

About Adams Capital Management

Established in 1994, Adams Capital Management (ACM) is a national venture capital firm with $700 million under management. ACM is a lead Series A investor that is noted for its domain and operations expertise in the information technology, networking infrastructure and semiconductor industries. ACM's markets-first investment strategy targets emerging growth companies with disruptive technologies that yield products with the potential to define and dominate their industry. For more information visit http://www.acm.com/.

CONTACT: Andrea S. Joseph of Adams Capital Management, Inc.,
+1-412-749-9986 or asj@acm.com; Paul Furiga for Adams Capital Management,
Inc., +1-412-894-7202 or paul.furiga@wordwritepr.com

Web site: http://www.acm.com/