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Falconstor Software Inc. (FALC)

-NasdaqGM

1.31 May 22, 4:00PM EDT

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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:427

Business Summary 

FalconStor Software, Inc. develops, manufactures, and sells data protection and storage virtualization solutions; and provides the related maintenance, implementation, and engineering services worldwide. It builds products and solutions based on its IPStor software platform. Its solutions provide data protection services at various levels from operating systems and application software, to files, databases, and messaging data in the organization. The company’s business continuity and disaster recovery products include Network Storage Server solution that enables storage virtualization and business continuity; and 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. 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, a storage capacity optimization solution that allows companies to optimize storage capacity services for disk-to-disk backup and archiving applications. The company also offers Application-Aware Snapshot Agents that automate and minimize quiescence time during data replication, backup, and other snapshot-based operations; and Application Specific Recovery Options, which offer recovery solutions for database and messaging systems. It 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 restoration while minimizing downtime. FalconStor Software, Inc. sells its products through strategic alliances, value-added resellers or solution providers, system integrators, direct market resellers, distributors, and original equipment manufacturers. The company 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 May 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. James P. McNiel , 50
Chief Exec. Officer, Pres and Director
603.00K0.00
Mr. Louis J. Petrucelly , 38
Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
223.00K0.00
Mr. Seth R. Horowitz , 49
Exec. VP of Legal
313.00K0.00
Mr. Bernard Wu , 55
Exec. VP for Bus. Devel.
307.00K0.00
Mr. Gary Quinn , 52
Chief Operating Officer and Exec. VP
N/AN/A
Amounts are as of Dec 30, 2012 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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