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Gary Quinn, President & CEO of FalconStor Software, Named a Top 50 Midmarket IT Vendor Executive for 2014 by Midsize Enterprise Summit

MELVILLE, N.Y., Sept. 17, 2014 (GLOBE NEWSWIRE) -- FalconStor Software, (Nasdaq:FALC) a market leader in data protection and migration, announced today that President and CEO, Gary Quinn, has been named to this year's Top 50 Midmarket IT Vendor Executive list. The Midsize Enterprise Summit (MES) compiled the list to feature the industry's most influential vendor executives serving midmarket and midsize customers.

Quinn was recognized as a Top Midmarket Executive due to his leadership in refocusing FalconStor on midmarket and enterprise customers since becoming CEO in July 2013. He has simplified the product portfolio into four data management offerings: migration, continuity, protection-recovery, and optimization. Wanting to allow customers to manage their data as they see fit, he implemented a more customer-focused business and transaction model. Quinn also spearheaded FalconStor's #befree campaign. This campaign demonstrates how FalconStor Software provides customers the power to be free from the constraints of traditional IT, from proprietary vendor lock-in, free from worrying about data loss and downtime, ultimately giving businesses the freedom to do great things.

"Midmarket enterprises have a significant amount of data, which grows every day. FalconStor offers them an enterprise-level solution to help manage this critical asset. We partner with our customers to ensure that their information is always available, can be recovered in a defined period of time, or is archived for future use. Whether they are adopting cloud or looking for a way to reutilize their existing hardware, FalconStor has a solution," said Quinn. "I thank MES and The Channel Company for recognizing FalconStor's commitment to this market in offering the industry's most cost-effective, flexible software platform for data management."

"The executives named and the companies they represent serve the midmarket with unwavering commitment, and are dedicated to creating solutions that meet the unique needs of this market," said Robert C. DeMarzo, Senior Vice President of Strategic Content, XChange Events. "Our Midsize Enterprise Summit is an ideal venue to honor these deserving leaders, and we congratulate each executive on their success."

The Top 50 Midmarket IT Vendor Executive list was unveiled at MES, taking place September 14-16 at the Gaylord Texan Resort in Dallas, TX. In addition, the list of executives is featured in a slideshow on CRN.com, a leading source for IT industry news. Visit http://www.xchange-events.com/mes50 for access to the slideshow.

XChange Events

Part of The Channel Company family, XChange Events connects sellers and users of technology through a diverse number of live and virtual events, designed to help attendees share best practices, network with peers and gain exclusive market intelligence from industry editors and analysts. Organized into three categories, XChange Events offers channel events, IT executive events and on demand virtual events to address every aspect of today's evolving IT market. For more information, please visit: http://www.xchange-events.com/

About FalconStor Software

FalconStor Software, Inc. (Nasdaq:FALC) is transforming how enterprises move, store, protect and optimize data. Founded in 2000, FalconStor offers an award-winning platform for data migration, business continuity, disaster recovery, optimized backup and deduplication. FalconStor helps maximize data availability and system uptime to ensure nonstop business productivity while simplifying data management to reduce operational costs. Their open, integrated software solutions reduce vendor lock-in and give enterprises the freedom to choose the applications and hardware components that make the best sense for their business. FalconStor solutions are available and supported by OEMs, as well as leading system integrators and resellers worldwide. FalconStor 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 and FalconStor Software, are 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.

Links to websites or pages controlled by parties other than FalconStor are provided for the reader's convenience and information only. FalconStor does not incorporate into this release the information found at those links nor does FalconStor represent or warrant that any information found at those links is complete or accurate. Use of information obtained by following these links is at the reader's own risk.

CONTACT: Betzi Hanc The Channel Company 508.416.1182 bhanc@thechannelcompany.com Jackie Savage Epoch 5 Public Relations 631-427-1713 Jsavage@epoch5.com

Source:FalconStor Software