Triz -FalconStor

FALCONSTOR RENAMES FLAGSHIP PRODUCT TO FALCONSTOR DATA MASTERY PLATFORM AND ANNOUNCES VALIDATION OF CLOUD INTEGRATION FOR AWS

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.