FALCONSTOR SOFTWARE ANNOUNCES FIRST QUARTER 2018 RESULTS

MELVILLE, N.Y., May 10, 2018 — FalconStor Software, Inc. (OTCQB: FALC), a market leader in storage software, today announced financial results for its first quarter ended March 31, 2018. “We are pleased with our Q1 performance and resultant financial results, which continued the return to profitability delivered in Q3 and Q4 of 2017” stated Todd Brooks, CEO […]

FALCONSTOR’S AUDIT OPINION REMOVES GOING CONCERN EXPLANATION

FalconStor Software, Inc., a market leader in storage software, announced that as part of its Annual Report on Form 10-K for the year ended December 31, 2017, filed on April 2, 2018, the audited financial statements were approved without the need for a going concern qualification paragraph by the company’s independent registered public accounting firm.