FalconStor Announces Opening of New Beijing Office & Commences the Operation of China Regional Training Center


MELVILLE, N.Y., June 12, 2014 (GLOBE NEWSWIRE) -- FalconStor Software, Inc. (Nasdaq:FALC), a leading disaster recovery and data migration company today announced the opening of its new office and training center in Beijing. FalconStor CEO, Gary Quinn; Vice President of Marketing, Tim Sheets; Vice President and General Manager for Asia and China, John Yang, and the company's key partners in China attended the opening ceremony. The company's new Beijing office, located in Beijing's CBD area, will act as a major business hub for the Chinese market. FalconStor current has offices in Beijing and Shanghai, as well as a presence in Wuhan, Guangzhou, Shenzhen, and Hong Kong. The extensive presence allows FalconStor to provide comprehensive, quality support and services to customers and partners across China, Hong Kong, and Macau.

"China has always been one of the most vibrant markets for FalconStor and has immense growth potential," stated FalconStor CEO, Gary Quinn. "Under the leadership of John Yang, the China region has maintained long-standing and steady growth. During the year, we have revamped FalconStor's corporate strategy, branding, and business structure. Our growth target will be to provide integrated data services to our customers, and the China region is one of the key regions in which we will focus this new strategy. Moving to our new office in Beijing demonstrates FalconStor's commitment to the Chinese market, business structure, and to the Asia-Pacific region as a whole. We are excited to provide Chinese customers and partners with even better products and services. We have great hope for the Chinese market and tremendous confidence in our Chinese team!"

Co-located in the company's new Beijing office, FalconStor's China Regional Training Center officially opens today as well. The new training facility can accommodate more than 50 people and will be primarily used to provide technical training and product briefings. Additionally, the training center will be used for accreditation of partners and technical classes to Chinese customers. FalconStor's mission is to help customers receive a better technical and product experience and help partners raise their sales and technical support capabilities.

"With continuous expansion of our company's business in the China region, our former office is no longer sufficient to meet our needs. In order for us to better serve our customers and partners, we ultimately selected PICC Building in the CBD area. The new building and location will give FalconStor employees and visitors a more comfortable office environment and provide them with convenient access and complete facilities," said John Yang. He added, "Through the upgrading and expansion of our Beijing office, and official opening of our China Regional Training Center, we hope to offer improved business and service networks for Chinese customers and partners. Our ultimate goal is to help companies resolve their challenges with migration, optimization, recovery and continuity, which mutually benefits the needs of the market and FalconStor."

About FalconStor Software

FalconStor Software, Inc. (Nasdaq:FALC) is transforming how enterprises move, store, protect and optimize data. Founded in 2000, FalconStor offers an award-winning platform for data migration, business continuity, disaster recovery, optimized backup and deduplication. FalconStor helps maximize data availability and system uptime to ensure nonstop business productivity, while simplifying data management to reduce operational costs. Our open, integrated software solutions reduce vendor lock-in and give enterprises the freedom to choose the applications and hardware components that make the best sense for their business. FalconStor solutions are available and supported by OEMs, system integrators, and resellers worldwide. FalconStor is headquartered in Melville, N.Y. with offices throughout Europe and the Asia Pacific region. For more information, visit http://www.falconstor.com or call 1-866-NOW-FALC (866-669-3252).

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