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FreeStor Wins DoStor SDS Innovation of the Year Award in Beijing

FreeStor wins Software-defined Storage Innovation of the Year Award for the second year in a row

BEIJING, CHINA – January 12, 2017 - FalconStor Software , Inc. (NASDAQ: FALC) , a 16-year innovator of software-defined storage solutions, today announced that FreeStor ® , its flagship product, has won the SDS Innovation of the Year Award by DoStor, a leading Chinese storage portal which focuses on the enterprise storage market and is one of the most influential third-party storage media companies. The award was judged and selected by a third-party panel organized by DoStor, a subsidiary of the DOIT Media Group.  

Many enterprise data centers are currently undergoing a transformation from traditional architecture to cloud computing, during which storage is often the most important and challenging part. Users must leverage software-defined storage to remove vendor lock-in, eliminate management silos of proprietary platforms, and reduce complexity by abstracting physical storage systems into virtual resources that work on the cloud. Meanwhile, it is challenging for enterprises to unify the management of storage across different data centers regardless of location - on-premise, outsourced or on the public cloud - and to allow the free flow of data. FreeStor is uniquely positioned in the market to cope with these challenges, enabling users to reduce costs, eliminate silos, and have the flexibility and freedom they require.

FreeStor was significantly strengthened in 2016. In April, FreeStor Analytics was released; in October, an all-new version of FreeStor Cloud was launched into the market. In the latest version, FreeStor extends the capacities of removing vendor lock-in, eliminates management silos, and enables access to the public cloud. FreeStor also allows “cloud hopping” between private and public clouds, and among different public cloud providers. FreeStor users are now free to migrate, replicate, and protect data across the cloud.

Jiayu Song, Chief Editor of DoStor, offered congratulations to FalconStor for winning the important DoStor award again.  “This is the second time in a row FreeStor has won this award,” said Jiayu Song. “This year, we granted the award to FreeStor, not only because of the popularity of the product, but more importantly because of FreeStor’s robust innovations this past year. In particular, the unique capacities such as analytics and cloud-hopping have gained great interests in the industry.”

“During the transformation from traditional architecture to the cloud, users especially need platforms that truly meet enterprise-class requirements.” Mr. John Yang, president of FalconStor Asia Pacific said, “FreeStor not only improves storage efficiency, eliminates downtime, reduces costs and simplifies management for enterprise data centers, but FreeStor also helps MSPs and CSPs innovate new business models, and accelerate cloud deployment. We are delighted that DoStor recognizes our value and we appreciate the honor. We look forward to maintaining and strengthening our position as an important innovator in SDS in addition to providing more value to our customers in the future.”

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.

Media Contact:
Emily Gallagher
Touchdown PR
FalconStor@touchdownpr.com
+44 1252 717040

Investor Relations Contact:

Dori White
FalconStor Software
Dori.white@falconstor.com
631-773-5819




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