Last $1.51 USD
Change Today -0.07 / -4.43%
Volume 58.4K
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As of 8:10 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

falconstor software inc (FALC) Key Developments

FalconStor Software(R), Inc. Appoints Charles "Chuck" R. Corjay as the Executive Vice President of Strategic Growth

FalconStor Software(R) Inc. announced the appointment of Charles "Chuck" R. Corjay as the Executive Vice President of Strategic Growth for their newly created joint federal team. In his new role, Corjay will be responsible for expanding FalconStor's federal business, focusing on civilian, Department of Defense (DOD), and intelligence agencies. Corjay brings over 40 years of domestic and international business experience, having served a wide range of clients at the Department of Defense and throughout the U.S. Federal government, as well as state and local governments.

Falconstor Software Inc. to Report Q2, 2014 Results on Jul 30, 2014

Falconstor Software Inc. announced that they will report Q2, 2014 results on Jul 30, 2014

Falconstor Software Inc., Q2 2014 Earnings Call, Jul 30, 2014

Falconstor Software Inc., Q2 2014 Earnings Call, Jul 30, 2014

FalconStor Software, Inc. Announces Opening of its New Office and Training Center in Beijing

FalconStor Software Inc. announced the opening of its new office and training center in Beijing. The company's new Beijing office, located in Beijing's CBD area, will act as a major business hub for the Chinese market. The company currently has offices in Beijing and Shanghai, as well as a presence in Wuhan, Guangzhou, Shenzhen, and Hong Kong. The extensive presence allows the company to provide comprehensive, quality support and services to customers and partners across China, Hong Kong, and Macau. Co-located in the company's new Beijing office, the company's China Regional Training Center officially opens 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. The company's mission is to help customers receive a better technical and product experience and help partners raise their sales and technical support capabilities.

Falconstor Software Inc. Updates its Migration, Continuity, and Protection-Recovery Solutions

FalconStor Software (R) Inc. announced product updates to its Migration, Continuity, and Protection-Recovery solutions. Major highlights include additional migration support for service providers and cloud-ready data centers, new encryption at rest technology, and 195% improved data recovery speed compared to the previous version. Service providers and cloud-ready environments can leverage the benefits of FalconStor technology installed on the latest blade platforms from Dell, while utilizing faster Xeon processors and Qlogic converged network adapters for a smaller data center footprint. This update allows customers and service providers to deploy FalconStor solutions in a consolidated, optimized, and cloud-ready data center. As part of the deduplication solution update, FalconStor has introduced new encryption at rest technology to provide the high level of security for data protection. For environments that have strict security requirements or are required to comply with government regulations, this technology provides the ability to encrypt all data being sent to virtual tape. Data is deduplicated and encrypted as it is stored on disk. FalconStor's encryption at rest offering will be provided free of charge, and is available for all new installations. Additional product updates: Restore speeds of up to 16TB/hr, a 195% improvement compared to the previous version, helping avoid costly downtime. Database and application support list expanded to include Windows 2012R2, Hyper-V 201R2 Clusters, and SQL Server 2014 database. New functionality that allows users to choose which storage and protection features participate in the stretch cluster configuration; reducing the storage and implementation costs of providing high availability for applications and servers. Snapshot groups can now create simultaneous snapshots of up to 256 virtual devices, to increase the volume of data that can be protected simultaneously, reduce the number of backup jobs, and further reduce recovery times. Improved management and reporting capabilities for FalconStor Protection-Recovery: including new performance monitoring, disk usage reports, and multi-select features. Users can monitor the load and performance of ports, LUNs, devices, and snapshots, in either real-time or historical views, right from the centralized administration console. The deduplication console now provides full support for the Chinese language. FalconStor Optimized Backup and Deduplication Solution(TM) 8.1 and FalconStor Migration, Continuity, Protection & Recovery 7.7 product updates, as outlined above, are available immediately as of May 29, 2014.

 

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