FalconStor Software’s Wendy Petty Recognized by Everything Channel’s CRN Magazine as One of the Top 100 Women in the Channel

FalconStor Software, Inc. (NASDAQ: FALC), the provider of TOTALLY Open™ data protection solutions, today announced that FalconStor Vice President of Sales Wendy Petty has been recognized by Everything Channel’s CRN Magazine as one of the Top 100 Women in the Channel.

The Top 100 Women in the Channel were chosen by the editors of the magazine based on their achievements as executives and the amount of influence they wield over the technology channel. The Top 100 Women in the Channel represent a changing trend in a traditionally all male industry.

"We are very pleased to see women executives reaching the highest levels in a wide range of dynamic companies. It is with great pleasure that we honor the women that have made a profound impact in the technology marketplace,” said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel. "We offer our congratulations to Wendy Petty for her significant contributions to our industry.”

FalconStor works in tandem with its partners through its solution provider program to deliver data protection solutions, programs and tools needed for partners to successfully go to market, sell and deploy solutions to customers. This enables partners to implement solutions quickly and provide immediate, demonstrated ROI, allowing them to deliver incomparable service to their customers – all of which yields mutual success for FalconStor, its channel partners and customers.

"FalconStor has been a channel company from day one, and remains extremely dedicated to the success of its channel partners. Chi is in its seventh year of working successfully with Wendy Petty and FalconStor,” said John Thome, CEO of Chi Corporation, a valued FalconStor channel partner. "We commend FalconStor in its efforts to build stronger partnerships with today´s solution providers by offering channel friendly partner programs, valuable services, education resources and reliable support teams that will help drive results for our business.”

"It is a privilege to be included in CRN’s ranking of the top 100 women in the channel. This recognition is an acknowledgement of the success of our channel partners worldwide and the FalconStor Software channel team," said Ms. Petty. "Our channel partners are an invaluable extension to FalconStor, and we remain dedicated in working closely with them for their success, as well as bringing world-class data protection solutions to market."

A special feature of the Top 100 Women of the Channel is in the August issue of CRN Magazine and expanded coverage will be featured online at www.channelweb.com.

About FalconStor Software, Inc.

FalconStor Software, Inc. (NASDAQ: FALC) is the market leader in disk-based data protection. FalconStor delivers proven, comprehensive data protection solutions that facilitate the continuous availability of business-critical data with speed, integrity, and simplicity. The Company's TOTALLY Open™ technology solutions, built upon the award-winning IPStor^® platform, include the industry leading Virtual Tape Library (VTL) with deduplication, Continuous Data Protector (CDP), File-interface Deduplication System (FDS), and Network Storage Server (NSS), each enabled with WAN-optimized replication for disaster recovery and remote office protection. FalconStor products are available from major OEMs and solution providers including 3Com, Acer, COPAN Systems, Data Direct Networks, Dynamic Solutions International, EMC, IBM, Pillar Data Systems, Spectra Logic and Sun and are deployed by thousands of customers worldwide, from small businesses to Fortune 1000 enterprises.

FalconStor is headquartered in Melville, N.Y., with offices throughout Europe and the Asia Pacific region. FalconStor is an active member of the Storage Networking Industry Association (SNIA). For more information, visit www.falconstor.com or call 1-866-NOW-FALC (1-866-669-3252).

Everything Channel (www.everythingchannel.com, www.channelweb.com)

Everything Channel is the one-stop shop for managing and accelerating technology sales. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative field sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.

About United Business Media Limited (www.unitedbusinessmedia.com)

UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM’s businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

FalconStor, FalconStor Software, and IPStor are registered trademarks, and TOTALLY Open is a trademark of FalconStor Software, Inc. in the US and other countries. All other company and product names contained herein may be trademarks of their respective holders.