FalconStor's FreeStor Wins Another Storage Product of the Year Award

Network Computing Announced the Prestigous Award in London on March 17

FalconStor Software® Inc. (NASDAQ: FALC), a 16-year innovator of software-defined storage solutions, today announced that its FreeStor®, converged, hardware-agnostic, software-defined storage and data services platform has won Storage Product of the Year 2016 by Network Computing UK. The awards were presented on March 17th ar the Hotel Russell in London and were judged by industry peers on the Network Computing Awards site.

Network Computing UK’s criteria for recognition were companies that are; innovative, offer expanded business opportunities in their industries with the latest trends such as software-defined storage, have been noted as being outstanding and reliable, and are moving the industry forward.

FalconStor has now won eight product awards in the past nine months and has been recognized by several respected industry publications and groups. Those include Virtualization/Software-Defined Storage Product of the Year and runner up for Company of the Year by SVC, being a finalist in Tech Target’s Product of the Year for top Enterprise Storage System Software along with several other prestigious awards across Asia.

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 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.

“Winning Network Computing’s Storage Product of the Year is a very prestigious honor because it is from publication judges as well as our peers,” said Iris Hatzenbichler, Director of Marketing EMEA for FalconStor. “We are very pleased to be recognized by these astute judges for the horizantal data management capabilities that FreeStor brings to today’s modern data center. Organizations around the world are discovering how FreeStor is best suited to providing greater efficiencies, reducing downtime, lowering costs and improving simplicity over other limited solutions available today. We are grateful for the accolades received as we continue with this new paradigm in data services and management, and remaining the best storage product for years to come.

The results were revealed at an evening ceremony on March 17th at the Hotel Russell in London. http://www.networkcomputingawards.co.uk/.

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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TouchdownPREmily Gallagheregallagher@touchdownpr.com+44 (0)1252 717040

FalconStor Software (PK) (USOTC:FALC)
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