FalconStor Names Robert Zecha Chief Product Officer

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MELVILLE, N.Y., April 22, 2013 (GLOBE NEWSWIRE) -- FalconStor Software, Inc. (Nasdaq:FALC), a market leader in disk-based data protection, today announced that Robert Zecha has joined the company as executive vice president and chief product officer, a newly formed strategic position. In this role, Zecha will be responsible for all aspects of product development, product management, quality assurance and program management.

An industry veteran with extensive engineering and business management experience, Zecha will drive the development of new solutions that address the data protection and business continuity issues faced by today's enterprises. Zecha will articulate and execute the company's product strategy and ensure the continued evolution of FalconStor's suite of data protection products.

"The new position of chief product officer demonstrates our commitment to designing and bringing to market original solutions that solve today's complex data protection challenges," said Jim McNiel, president and CEO of FalconStor. "With his entrepreneurial spirit, executive business leadership and a proven ability to execute, Rob will further our mission to develop innovative technology and promote new best practices that will ensure FalconStor's position as the industry's most trusted data protection partner."

Before joining FalconStor, Zecha was the vice president of engineering and operations for Altior, where he led the delivery of compression storage and networking solutions for Big Data. Prior to Altior, Zecha held the positions of vice president of business development, engineering and marketing at SMSC and vice president of engineering as founder of Afide. In 1993, Zecha founded NetVision Corporation and, as president, led it to a successful acquisition by Network Peripherals, where he served as corporate officer and vice president of worldwide engineering. Zecha is a member of the Institute of Electrical and Electronics Engineers and holds a Bachelor of Science degree in electrical engineering from the Polytechnic Institute of New York.

"Today's storage and data protection market is undergoing a major shift as legacy solutions prove inadequate in the face of unabated data growth, broad adoption of virtualization, cloud-based services and Big Data," said Zecha. "In addition, recent events have turned a spotlight on the need for continuous business operations and automated disaster recovery solutions that will eliminate costly downtime. Organizations need to migrate to new ways of managing and protecting critical business information and IT services – and FalconStor is uniquely qualified to meet that need and take advantage of a huge market opportunity."

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.

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: Roman Kichorowsky FalconStor Software, Inc. 631-773-4303 roman.kichorowsky@falconstor.com Kathryn Ghita Metis Communications 617-236-0500 falconstor@metiscomm.com

Source:FalconStor Software