FalconStor Names Gary Quinn Executive Vice President and Chief Operating Officer

FalconStor Names Gary Quinn Executive Vice President and Chief Operating

Proven Operations Executive to Drive Customer-Facing Functions Worldwide

MELVILLE, N.Y., April 8, 2013 (GLOBE NEWSWIRE) -- FalconStor Software, Inc.
(Nasdaq:FALC), a market leader in disk-based data protection, today announced
that it has named Gary Quinn executive vice president and chief operating
officer (COO). In his new role, Quinn will oversee and support worldwide
operations with a concentration on all customer-facing functions, including
global sales and marketing, education, product support, and professional
services, ensuring the growth of the business and propelling the company's
competitive advantage and customer value to the market. Previously, Quinn
served as FalconStor's vice president of sales and marketing for North
America, focused on expanding FalconStor's North American channel sales
initiatives and partner network.

"In the past year, Gary has demonstrated his executive leadership and
operational skills to enhance sales and marketing in North America,
establishing new best practices and empowering his team to work smarter," said
Jim McNiel, president and CEO of FalconStor. "Gary's leadership and passion
for building valuable relationships with FalconStor's partners and customers
is contagious. He has proven to be a valuable addition to our executive staff;
and, as chief operating officer, I know he will continue to optimize business
operations and elevate productivity successfully."

"I was attracted to FalconStor by the company's vision, its technology and its
impressive talent across the board – and this past year has strengthened my
conviction in FalconStor's potential," said Quinn. "I could not ask for a
better team to work with every day, and I welcome this opportunity to move
forward with the new responsibilities entrusted to me. My goal is to inspire
and maintain the highest levels of customer delight in every aspect of the
business around the world."

Prior to joining FalconStor, Quinn, age 52, spent more than 20 years at CA
Technologies, finishing as executive vice president of international sales and
North American channel sales. At CA, Quinn turned around a three-year decline
in North American channel business and achieved an annual growth rate of 25
percent. He has more than 15 years of executive experience in the information
technology industry, specifically within the partner community, assisting in
generating revenue and strengthening relationships. Most recently, Quinn was
the commissioner of information technology (CIO) of the Suffolk County
Department of Information Technology, Long Island, New York.

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: For more information, contact:
         Roman Kichorowsky
         FalconStor Software, Inc.
         Kathryn Ghita
         Metis Communications

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