FreeStor Brings Leading Real Estate Services Company into 21st Century, Software-Defined Storage approach provides flexibility, ensures recoverability of business-critical data

MELVILLE, N.Y, June 8, 2016FalconStor Software®, Inc. (NASDAQ: FALC), a 16-year innovator of software-defined storage solutions, today announced that Haith & Company Real Estate Services has implemented its FreeStor® converged, hardware-agnostic, software-defined storage and data services platform with intelligent predictive analytics to modernize the company’s storage infrastructure to ensure that business-critical information remains available at all times.

Haith & Company has more than 40 years of experience in providing property management, construction supervision, build-to-suit, buyer/lessee and seller/lessor representations, support and accounting services in the Greater Kansas City area. As a privately-owned real estate development firm, Haith & Company has an assorted portfolio comprised of apartment complexes, office buildings, industrial parks, and air cargo facilities. With a crucial need for continuous, offsite access to its data, the company looked for a new solution that would provide them with flexibility and data protection services they needed after a failed NAS device left them in a “precarious position.”

“We’re out of business without access to our data,” said Myron Haith, Vice President of Haith & Company. “We must have this information at our fingertips to run our business. All of our leases and renewals are on the computer now. Everything needs to be available on our system 24 hours a day. If we lose access to our data, it really puts a burden on us.”

Haith & Company turned to their trusted reseller, Innovative Solutions Consulting Inc. , for recommendations on a solution that would help them do better than what they were currently doing. In order to provide the features and functionality that they needed but did not have with their current solution, such as bare metal restores and backups without impacting the production environment, Innovative Solutions suggested just one product – FreeStor. The FreeStor solution offered Haith Company what they needed in addition to their offsite replication and disaster recovery requirement.

FreeStor's horizontal architecture unlocks a new world of storage opportunities, allowing IT managers, MSPs, and 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 having to invest in new technology, and extends 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.

“The ability to access data, contacts and applications at all times, from any location is a necessity for any organization operating in today’s 24/7 business environment,” said Gary Quinn, President, and CEO of FalconStor. “The software-defined storage approach that FreeStor offers enabled Haith & Company to upgrade their storage infrastructure in a way that they have the confidence that data is protected, continuously available and secure. The stability and flexibility that FreeStor provides will serve as a cornerstone for Haith & Company’s environment well into the future.”

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.

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