FalconStor's RecoverTrac(TM) Tool Selected as Product of the Year Finalist by Storage Magazine

FalconStor's RecoverTrac(TM) Tool Selected as Product of the Year Finalist by
Storage Magazine

Automated Disaster Recovery Solution Selected for Ability to Recover Multiple
Machines Simultaneously Within Minutes

MELVILLE, N.Y., Feb. 20, 2013 (GLOBE NEWSWIRE) -- FalconStor Software, Inc.
(Nasdaq:FALC), a market leader in disk-based data protection, was named a
finalist in the backup and disaster recovery software and services category of
the Storage Magazine-SearchStorage.com 2012 Product of the Year awards.
FalconStor's RecoverTrac™ disaster recovery (DR) automation tool stands out
from the competition by performing lightning-fast recovery of multiple
machines, failover and failback between dissimilar hardware and non-disruptive
disaster recovery testing. The RecoverTrac solution also was honored earlier
in 2012 as a Best of VMworld 2012 award gold winner in the business continuity
and data protection category.

"Given recent natural disasters and devastating storms, it is not surprising
that automated disaster recovery is a hot topic – and that RecoverTrac was
selected as one of the 12 product finalistsfor Product of the Year," said
Gary Quinn, vice president of sales and marketing for FalconStor Software. "By
automating system recovery, RecoverTrac technology eliminates time-consuming
manual processes for bringing IT services back on line and gives our customers
peace of mind by minimizing costly downtime."

A standard feature of the FalconStor^® Continuous Data Protector (CDP) and
FalconStor^® Network Storage Server (NSS) data protection solutions, the
RecoverTrac DR automation tool quickly recovers not only data but complete IT
services. The solution integrates seamlessly with VMware and Microsoft
Hyper-V, supports failover and failback between any combination of physical
and virtual servers and between dissimilar hardware, permits non-disruptive DR
testing and allocates virtual machines on demand.

The Storage Magazine-SearchStorage.com editorial staff – in conjunction with a
team of users, industry experts, analysts and consultants – judged 52
enterprise data storage systems in six different categories, using the
criteria of demonstrated technical innovation, solid value, practical
functionality, performance, ease of integration into existing data storage
infrastructures, ease of use and manageability. The backup and DR software and
services category covers backup and recovery software, cloud backup and
recovery services, disaster recovery, snapshot and replication, electronic
vaulting and archivers.

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information can be found at www.SearchStorage.com.

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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The FalconStor Software, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16578

FalconStor, FalconStor Software and RecoverTrac are either 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.

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
         kathryn.ghita@metiscomm.com

FalconStor Software Logo