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Wednesday, January 6, 2010, 12:34PM ET - U.S. Markets close in 3 hours and 26 minutes. Dow Down 0.11% Nasdaq Down 0.37%
Falconstor Software Inc. (FALC)At 12:18PM ET: 4.14  Down 0.10 (2.36%)  
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Falconstor Software Inc.
2 Huntington Quadrangle
Melville, NY 11747
United States - Map
Phone: 631-777-5188
Fax: 631-501-7633
Web Site: http://www.falconstor.com

DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Business Software & Services
Full Time Employees:533

BUSINESS SUMMARY 
FalconStor Software, Inc. develops, manufactures, and sells network storage software solutions in the United States, Asia, and internationally. It also provides related maintenance, implementation, and engineering services. The company offers IPStor software, a software platform for data protection and storage virtualization solutions in small/medium businesses, large organizations, and enterprises. Its core products include Virtual Tape Library with data deduplication for backup optimization by reducing the data needed to be stored on disk; Continuous Data Protector combines local and remote protection into a disk-based solution that allows organizations to recover data back to the recent transaction; Network Storage Server, which integrates storage virtualization and provisioning across various disk arrays and connection protocols; and File Interface Deduplication System that allows companies to optimize storage capacity services. The company provides data protection services at various levels from operating systems and application software, to files, databases, and messaging data across the organization. In addition, its storage virtualization and data protection solutions are designed for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster, as well as to facilitate data restoration while minimizing downtime. Further, it 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. The company sells its products through original equipment manufacturers, value-added resellers, solution providers, system integrators, direct market resellers, and distributors. Falconstor was founded in 1989 and is headquartered in Melville, New York with additional offices in Europe and Asia.
Key Statistics

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    CORPORATE GOVERNANCE 
    Falconstor Software Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 83.5% of Russell 3000 companies and 82.9% of Software & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. ReiJane Huai , 51
    Chairman, Chief Exec. Officer and Pres
    $ 310.00K $ 0
    Mr. Wayne Lam , 46
    Co Founder and VP
    $ 325.00K $ 0
    Mr. James Weber , 39
    Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
    $ 325.00K $ 0
    Mr. Bernard Wu , 52
    VP of Bus. Devel.
    $ 325.00K $ 0
    Mr. James McNiel , 45
    Chief Strategy Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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