Stock Under $10 with 50-100% upside potential - 14 Days FREE!

FalconStor Earns Network World Asia Information Management Award For Virtual Tape Library Solution

Stock quotes in this article: FALC 

FalconStor Software, Inc. (NASDAQ: FALC), a market leader in disk-based data protection, today announced its virtual tape library solution has been recognized as the Network World Asia Information Management Award recipient within the Backup & Recovery Solution category. The award, presented to FalconStor executives at an award ceremony today in Singapore, distinguished the FalconStor® Virtual Tape Library (VTL) solution for its ease of use, performance and scalability in assisting customers to protect and restore data in the event of an IT issue or disaster.

In its inaugural year, the Network World Asia (NWA) Information Management Awards recognize Asia’s leaders who have made significant technology advances in the areas of information security, storage and data management. The editors at Networks Asia, Security Asia and Storage Asia researched and decided on the nomination of two to three finalists for each of the 21 categories. One hundred chief information officers (CIOs) and IT professionals were then invited to select the award winners and runners-up.

“We wish to congratulate FalconStor for developing a backup-and-recovery solution that our editors and the majority of the 100 Asian CIOs we surveyed voted as the leader in this category,” said Victor Ng, South-East Asia bureau chief of Network World Asia. “The FalconStor VTL solution fared exceptionally well, especially in terms of its widespread reputation and acceptance among Asian enterprises and users’ feedback on its durability, ease of deployment, performance and scalability. We look forward to seeing the next version of this solution – with even more innovative technologies and features – in the near future.”

“We are honored that our virtual tape library solution was selected by editors and IT leaders as the backup and data recovery solution of choice. This award demonstrates our commitment to providing innovative technologies that address a common enterprise pain point,” said Fadi Albatal, vice president of marketing at FalconStor Software. “In today’s fast-paced economy, a company must be able to backup, protect and quickly recover data with minimal downtime. FalconStor VTL addresses these business issues, providing high-performance, scalable architecture to handle the growing amounts of data while keeping IT downtime to a minimum.”

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,387.58 52.30 0.34%
NASDAQ 3,502.12 5.69 0.16%
S&P 500 1,669.16 2.87 0.17%
US 10 Yr 1.944% -0.021

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs