FALCONSTOR SOFTWARE HOSTS FOURTH QUARTER 2016 FINANCIAL TELECONFERENCE AND PRESENTATION

MELVILLE, N.Y., February 15, 2017 — After the close of market on Thursday, March 9, 2017, FalconStor Software, Inc. (Nasdaq: FALC), will announce financial results for the fourth quarter 2016, which ended December 31, 2016. FalconStor will host a conference call at 4:30 PM EDT to discuss the results. In conjunction with the conference call, FalconStor will also host a presentation on the Internet.

WHO: Gary Quinn, President and Chief Executive Officer, FalconStor

Dan Murale, Vice President and Interim Chief Financial Officer, FalconStor

WHEN: Thursday, March 9, 2017

4:30 PM EDT

HOW: Presentation:

To view the presentation, please copy and paste the following link into your browser and register for this meeting. Once you have registered for the meeting, you will receive an email message confirming your registration.

https://falconstor.webex.com/falconstor/j.php?RGID=r3385410c95fc9b4bc71cfcdba535e601

Meeting: FalconStor Q4 2016 Earnings

Meeting Password: Q4numbers16

Meeting Number: 793 433 874

Conference Call:

To participate in the conference call, please dial:

Toll-Free: 1-888-256-1030

International: +1-913-312-1472

Conference ID: 2910776

RSVP:

If you are unable to register via the Internet, please contact Dori White, Investor Relations at 631-773-5819 or dori.white@falconstor.com

REPLAY:

A conference call replay will be available beginning March 9th at 7:30 PM EDT through 7:30 PM EDT on March 16th. To listen to the replay of the call, dial:

Toll-Free: 1-888-203-1112

International: +1 719-457-0820

Passcode: 2910776

About FalconStor

FalconStor Software, Inc. (NASDAQ: FALC) is a leading software-defined storage company, offering a converged data services software platform that is hardware agnostic. Our open, integrated flagship solution FreeStor® reduces vendor lock-in and gives enterprises the freedom to choose the applications and hardware components that make the best sense for their business. We empower organizations to modernize their data center with the right performance, in the right location, all while protecting existing investments. FalconStor’s mission is to maximize data availability and system uptime to ensure nonstop business productivity while simplifying data management to reduce operational costs. Our award-winning solutions are available and supported worldwide by OEMs as well as leading service providers, system integrators, resellers, and FalconStor. The company is headquartered in Melville, N.Y. with offices throughout Europe and the Asia Pacific region. For more information, visit falconstor.com or call 1-866-NOW-FALC (866-669-3252).

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FalconStor, FalconStor Software, FreeStor, and Intelligent Abstraction are 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.