FalconStor Names Robert Zecha Chief Product Officer

FalconStor Names Robert Zecha Chief Product Officer

Industry Veteran to Propel Development of Innovative Data Protection Solutions

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

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