AUSTIN, TEXAS (January 23, 2019) – FalconStor Software, Inc. (OTCQB: FALC), which provides the world’s only vendor-agnostic software platform for comprehensive on-premises and cloud storage and data management, has renamed its award-winning, flagship offering, FreeStor®, to FalconStor® Data Mastery Platform (FDMP). The company is changing the name to more accurately reflect the product’s full value proposition for large, complex enterprises, which includes native cloud functionality, now newly validated for AWS and in the validation process for additional leading cloud computing services.

“While competitors provide narrower proprietary or niche solutions, FalconStor thinks differently about data storage and management, resulting in a unique and powerful offering that’s more relevant than ever in today’s world of exponential data proliferation and expanding storage options, including the public cloud,” said Todd Brooks, CEO, FalconStor. “We want the name of our flagship product to reflect and immediately convey that difference and the value we provide to customers.”

FalconStor Data Mastery Platform

FalconStor Data Mastery Platform is designed for organizations with complex, heterogeneous IT environments and the full spectrum of data management use cases, including but not limited to large enterprises, universities, health care entities and governmental institutions. The platform is a modern, comprehensive and easy-to-use software solution that enables IT professionals to do what the name suggests – always have complete insight into and control over, or mastery of, their organization’s data. Data is an organization’s most precious resource which, if managed and protected properly, can help an enterprise unlock competitive advantage, whether by gaining a better understanding of customers, uncovering ways to improve operations and reduce costs, or inventing new products, services and business models.

FDMP provides a central data management console for a holistic view of an enterprise’s entire environment – whether legacy data centers, hyper-converged infrastructure, cloud and/or hybrids. With this view, users can easily protect, optimize, recover, locate, analyze and scale resources across their systems. Regarding data recovery, FalconStor gives IT professionals unmatched capabilities on-premises and in the public cloud due to its patented RecoverTrac™ Technology, which includes real-time and continuous data recording for superior RPO (Recovery Point Objective) to a specific micro-second in time.

Moreover, FalconStor products are vendor- and hardware-agnostic – the only such offering on the market – so they work with an organization’s existing IT investments and solve the problems inherent in products from both legacy and narrowly-focused niche vendors.

Legacy hardware vendors lock customers into complicated, rigid and expensive proprietary platforms that require them to rip-and-replace existing technology investments, drain budgets from other priorities, silo their data and use embedded, subpar software. Niche vendors address only a fraction of the data mastery stack which results in fractured data management, multiple vendor relationships and also silo propagation. With the FalconStor Data Mastery Platform, a customer can strengthen data protection while also easily adding and leveraging newer technologies – such as the public cloud – as they become available.

Cloud Integration and AWS Validation

FalconStor Data Mastery Platform is a native cloud solution and newly validated for AWS, one of the world’s leading on-demand cloud computing platforms. It is a perfect match for IT leaders looking for simple yet robust data migration, data protection, flexibility and value in a single hybrid cloud solution. FDMP is the only solution that manages data for easy movement and replication between on-premises and cloud resources, driving unrivaled levels of data availability and cost efficiency.

FalconStor enables IT professionals to:

• Take the worry and pain out of cloud data management. The FalconStor Data Mastery Platform enables IT to easily move data center storage into the cloud for scalable, almost infinite capacity. FalconStor’s hardware-independent, vendor-agnostic platform gives IT all the power they need in a single solution to view, manage and move data seamlessly throughout their hybrid cloud environment. 
  
  

• Get instant hero status in their organization with the ultimate in data availability. Leveraging the cloud with the FalconStor Data Mastery Platform dramatically enhances data protection and speeds disaster recovery, eliminating business disruption. Ideally suited for hybrid environments, FDMP automatically replicates on premises server storage to the cloud, manages the data, and allows copy back or failover to the cloud any time your data center is down, for the ultimate in low-cost protection and site security.
  
  

• Experience a new level of data management flexibility and value. Unlike competitors who offer only proprietary cloud extensions, the FalconStor Data Mastery Platform is completely untethered from hardware, deployable across any physical, virtual or cloud environment. From migrating storage and workspaces to the cloud to reduce data center expenses, to rapid storage replication to other cloud providers as a counter to sliding fees, FDMP enables IT to easily evaluate and optimize data storage ⏤ in real-time, in one dashboard view.

“Virtually all organizations today are data-driven so their ability to operate at peak performance and have an edge over competitors depends on continuous and efficient data availability and management. The FalconStor Data Mastery Platform, which we’re proud to offer, is an unmatched and indispensable, all-in-one tool for achieving that,” said Julien Mouton, CEO, Tersedia, FalconStor’s premier integration partner in France, specializing in multi-cloud and managed-services environments. “The platform enables an enterprise to easily store, manage and leverage all of its data across a complex, heterogeneous environment, regardless of the underlying hardware. Unmatched data protection and recovery capabilities ensure that all data is recovered in seconds without impact to business operations. The cloud features make it simple and worry-free to move data center storage into the cloud for scalable, almost infinite, capacity – an increasingly important capability needed to save costs and increase operational efficiency.”

FalconStor Data Mastery Platform is now available through FalconStor’s large, worldwide network of reseller partners. To learn more about FalconStor Data Mastery Platform, please see the FAQs.

About FalconStor

FalconStor Software, Inc (OTCQB: FALC) empowers IT professionals to achieve mastery of their data – an organization’s most precious asset – so they can responsibly push the boundaries of what’s possible in the digital economy. The company’s award-winning flagship solution, FalconStor Data Mastery Platform®, is a modern, comprehensive and easy-to-use data mastery software platform that gives IT professionals centralized data management control across all their resources to reduce operational costs, lower risk, and avoid technology compromises. FalconStor’s vendor and hardware-agnostic solutions are designed to work with existing investments across complex environments, including legacy data centers, hyper-converged infrastructure, cloud, and hybrids.

Founded in 2000, FalconStor is headquartered in Austin, Texas and has additional offices in New York, Europe and Asia. Our solutions are available and supported by a vast network of system integrators and resellers. For more information, please visit www.falconstor.com.

# # #

For more information, contact:

Teresa de Onis, Sr. Director Global Marketing
FalconStor Software Inc.
teresa.deonis@falconstor.com

Susan Tull
Susan Tull Communications
susan.tull@falconstor.com