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FALCONSTOR NAMED FINALIST IN SIX CATEGORIES OF 2016 STORAGE AWARDS

FalconStor Software® Inc. and its FreeStor® converged, hardware-agnostic, software-defined storage and data services platform with intelligent predictive analytics are finalists in six categories of the 2016 Storage Awards, including Storage Company of the Year.

MELVILLE, N.Y, May 23, 2016 FalconStor Software® Inc. (NASDAQ: FALC), a 16-year innovator of software-defined storage solutions, today announced that the company and its FreeStor® converged, hardware-agnostic, software-defined storage and data services platform with intelligent predictive analytics are finalists in six categories of the 2016 Storage Awards, including Storage Company of the Year.

The “Storries” awards are a premier storage industry event that recognizes the achievements of key individuals and organizations within the storage sector. Winners are selected by readers of Storage Magazinevia online voting available now at The Storries XIII website ( http://www.storage-awards.com/ ). Results will be presented at a black-tie gala dinner June 16 at the Grand Connaught Rooms, London, and highlighted in a future issue of Storage Magazine.

The six categories in which FalconStor and its product FreeStor has been shortlisted include:

  • Storage Magazine "One to watch" Award – Company
  • Data Protection Product of the Year
  • Storage Monitoring Product of the Year
  • Storage Virtualization Product of the Year
  • Software Defined Storage Company of the Year
  • Storage Company of the Year

FreeStor's horizontal architecture unlocks a new world of storage opportunities, allowing IT managers, MSPsand CSPs to maximize efficiencies and lower costs while taking advantage of the public cloud, hybrid cloud, flash storage and software-defined storage. FalconStor's groundbreaking Intelligent Abstraction® approach delivers seamless access and unified data services across entire storage infrastructures without the need to invest in new technology, extending the useful life of existing platforms. Always-on availability and continuity keep businesses running while enabling them to move, synchronize and protect data seamlessly across virtual and physical storage platforms. Predictive analytics delivers industry-leading innovation, providing both proactive and reactive alerts, as well as real-time reports on performance, consumption utilization and service levels. For the first time, users have insight across heterogeneous storage environments with a single-pane-of-glass view down the entire data path; from the client to the virtual storage, to the underlying physical storage resources.

"We are pleased to have both our company and FreeStor so well represented as finalists in this year’s Storage Awards," said Gary Quinn, President, and CEO of FalconStor. "Being included among the outstanding products and companies represented at the Storage Awards is the latest recognition from the industry for our ability to deliver real-world value to companies around the globe. By helping companies realize more economic value from their existing environments and future storage investments, we are helping revolutionize the way data is managed and keeping organizations ahead of the game."

About FalconStor

FalconStor Software® Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged data services software platform that is hardware agnostic. Our open, integrated flagship solution, FreeStor®, reduces vendor lock-in and gives enterprises the freedom to choose the applications and hardware components that make the best sense for their business. We empower organizations to modernize their data center with the right performance, in the right location, all while protecting existing investments. FalconStor’s mission is to maximize data availability and system uptime to ensure nonstop business productivity while simplifying data management to reduce operational costs. Our award-winning solutions are available and supported worldwide by OEMs as well as leading service providers, system integrators, resellers and FalconStor. The Company is headquartered in Melville, N.Y. with 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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FalconStor, FalconStor Software, FreeStor, and Intelligent Abstraction are trademarks or registered trademarks of FalconStor Software, Inc., in the U.S. and other countries. All other company and product names contained herein may be trademarks of their respective holders.

Media Contact:
Scott Kline, JPR Communications
818-798-1474
scottk@jprcom.com

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Information in this document is provided “AS IS” without warranty of any kind, and is subject to change without notice by FalconStor, which assumes no responsibility for any errors or claims herein. Copyright © 2018 FalconStor Software. All rights reserved. FalconStor Software and FalconStor are registered trademarks of FalconStor Software, Inc. in the United States and other countries. All other company and product names contained herein are or may be trademarks of the respective holder.
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