FALCONSTOR SOFTWARE APPOINTS CEO GARY QUINN TO BOARD OF DIRECTORS
MELVILLE, N.Y., August 13, 2013 — FalconStor Software, Inc. (NASDAQ: FALC), a market leader in disk-based data protection solutions, today announced that Gary Quinn, president and chief executive officer (CEO), was elected to the company’s board of directors on August 8, 2013. Quinn’s election to the board follows his appointment as President and CEO on July 23, 2013 (FalconStor Software Names Gary Quinn President and Chief Executive Officer). Previously, Quinn was interim CEO and prior to that he was chief operating officer after serving as the vice president of sales and marketing for North America.
About FalconStor Software
FalconStor Software, Inc. (NASDAQ: FALC) is a market leader in disk-based data protection. The company’s mission is to transform traditional backup and disaster recovery into next-generation service-oriented data protection. Built upon an award-winning platform, FalconStor solutions deliver disk-based backup, continuous data protection, WAN-optimized replication and disaster recovery automation. FalconStor solutions are available through a worldwide network of partners, including solution providers, top-tier strategic partners and major OEMs. Thousands of customers worldwide, from small businesses to Fortune 100 enterprises, entrust their data to FalconStor solutions. FalconStor maintains headquarters in Melville, N.Y., and offices throughout Europe and the Asia Pacific region. For more information, visit www.falconstor.com or call 1-866-NOW-FALC (866-669-3252).
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This press release includes forward-looking statements that involve risk and uncertainties that could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties include: delays in product development; market acceptance of FalconStor’s products and services; technological change in the data protection industry; competition in the data protection market; results and costs associated with governmental investigations; intellectual property issues; and other risk factors discussed in FalconStor’s reports on Forms 10-K, 10-Q and other reports filed with the Securities and Exchange Commission.
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