FALCONSTOR SOFTWARE TO ANNOUNCE FIRST QUARTER 2016 RESULTS

MELVILLE, N.Y., April 18, 2016 — After the close of market on Wednesday, April 27, 2016 FalconStor Software®, Inc. (Nasdaq: FALC), will announce financial results for the first quarter 2016, which ended March 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
Louis J. Petrucelly, Executive Vice President and Chief Financial Officer, FalconStor

WHEN: Wednesday, April 27, 2016
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=r1b7ff88c535d96b87b101bd0d496bd91

Meeting: FalconStor Q1 2016 Earnings
Meeting Password: Q1numbers16
Meeting Number: 796 312 897

Conference Call:

To participate in the conference call, please dial:
Toll Free: 1-888-208-1361
International: +1-913-312-0382
Conference ID: 7214493

RSVP: If you are unable to register via the Internet, please contact Melissa Keir, Investor Relations at 631-773-4334 or melissa.keir@falconstor.com

REPLAY: A conference call replay will be available beginning April 27th at 7:30 PM EDT through 7:30 PM EDT on May 4th. To listen to the replay of the call, dial:
Toll Free: 1-888-203-1112
International: +1 719-457-0820
Passcode: 7214493

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 www.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.