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Falconstor Software Inc. (FALC)

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1.33 Down 0.02(1.48%) 12:00PM EDT - Nasdaq Real Time Price
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Falconstor Software Inc.
2 Huntington Quadrangle
Suite 2S01
Melville, NY 11747
United States - Map
Phone: 631-777-5188
Fax: 631-501-7633
Website: http://www.falconstor.com

Details 
Index Membership:N/A
Sector:Technology
Industry:Application Software
Full Time Employees:277

Business Summary 

FalconStor Software, Inc. develops, manufactures, and sells data migration, business continuity, disaster recovery, optimized backup, and de-duplication solutions worldwide. It builds products and solutions based on its IPStor software platform, which delivers storage virtualization, continuous data protection, WAN-optimized replication, and disaster recovery (DR) automation services to data centers. The company’s business continuity and disaster recovery products include Network Storage Server solution that provides data storage provision and migration; Continuous Data Protector that combines local and remote protection into a disk-based solution, which allows organizations to recover data back to the most recent transaction; and RecoverTrac, a disaster recovery automation tool that streamlines the implementation, testing, and execution of DR operations. Its backup optimization products comprise Virtual Tape Library, a solution that reduces the amount of data needed to be stored on disk; and File-Interface Deduplication System that allows companies to optimize storage capacity services for disk-to-disk backup and archiving applications. The company also provides maintenance, implementation, and engineering services. FalconStor Software, Inc. offers its solutions for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster; and to facilitate data and system restoration by minimizing impacts to business productivity. The company sells its products through value-added resellers or solution providers, system integrators, managed service providers, direct market resellers, distributors, and original equipment manufacturers. FalconStor Software, Inc. was founded in 1989 and is headquartered in Melville, New York.

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Corporate Governance 
Falconstor Software Inc.’s ISS Governance QuickScore as of Jul 1, 2013 is 9. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gary Quinn , 53
Chief Exec. Officer, Pres and Director
417.00K0.00
Mr. Louis J. Petrucelly , 39
Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
225.00K0.00
Mr. Seth R. Horowitz , 50
Exec. VP, Gen. Counsel and Sec.
280.00K0.00
Mr. Fadi Albatal ,
VP of Marketing
N/AN/A
Mr. Robert Zecha ,
Chief Product Officer and Exec. VP
N/AN/A
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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