FalconStor Launches PrimeVault Center to Provide Disaster Recovery, Archiving and Hosting Services; State-of-the-Art Facility Leverages FalconStor Technology to Deliver Cost-Effective Data Protection and Managed Services

Business Wire, Oct 19, 2005

MELVILLE, N.Y. -- FalconStor Software, Inc. (Nasdaq: FALC), a leading developer of network storage software solutions, today announced the launch of PrimeVault(SM), its state-of-the-art data protection facility, which leverages FalconStor's award-winning IPStor and VirtualTape Library technology to deliver advanced disaster recovery (DR) and data archiving services, as well as co-location hosting.

FalconStor's PrimeVault center provides all businesses with the ability to easily replicate their data to its secure, sophisticated site. PrimeVault's highly cost-effective and scalable pricing plans accommodate the varying needs of large, medium, and small businesses. By significantly cutting the costs of deploying and maintaining an alternate site for disaster recovery, PrimeVault offers a practical business continuity solution that brings enterprise functionality within the reach of most organizations. PrimeVault services will be available through FalconStor's channel partners, and relationships are being forged with ISPs and data center providers to address market segments where a more reliable and scalable storage infrastructure is in high demand.

"The FalconStor PrimeVault service leverages its proven solutions for protecting customer data," said Tony Asaro, senior analyst for the Enterprise Strategy Group (ESG). "FalconStor has years of experience protecting heterogeneous environments, a suite of data protection products that are field proven, and over 1,000 customers. The PrimeVault service enables FalconStor to provide value to both large enterprise companies with remote offices and SMB organizations that don't have an appropriate remote site to be used for disaster recovery."

In today's business climate, organizations of all sizes need to have a remote set of data on standby for disaster protection and for long-term archiving to comply with data retention regulations. PrimeVault provides customers with instant contingency planning - as part of the low monthly fee, each customer is equipped with either FalconStor DiskSafe(TM) or FileSafe(TM) software for their local machines to drive fast backup to an appliance pre-loaded with FalconStor iSCSI storage software (also provided as part of the service) at their site. Data is then remotely replicated by the iSCSI appliance to the PrimeVault location, without any impact to the business' production environment.

To read the complete release, including the Safe Harbor agreement, visit http://www.primevault.com?refID=Launch.