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FalconStor Software Names Gary Quinn President And Chief Executive Officer

MELVILLE, N.Y., July 23, 2013 (GLOBE NEWSWIRE) -- FalconStor Software, Inc. (Nasdaq:FALC), a market leader in disk-based data protection solutions, today announced that it has named Gary Quinn president and chief executive officer (CEO). Quinn had been serving as interim CEO since June 28, 2013. Previously, Quinn was chief operating officer after serving as the vice president of sales and marketing for North America.

"In the time that Gary has been with FalconStor, he has demonstrated his ability to lead teams effectively, to focus the organization on the right priorities, to establish best practices, and to simply get things done effectively," said Eli Oxenhorn, chairman of the board of FalconStor. "Gary has proved himself to be a valuable member of FalconStor's executive staff, and the board has every confidence in Gary's ability to lead the company towards achieving its full potential."

Quinn has more than 15 years of executive experience in the information technology industry, working closely with sales and marketing teams and channel partner networks to generate revenue and strengthen strategic relationships. He spent more than 20 years at CA Technologies, finishing as executive vice president of international sales and North American channel sales. At CA, Quinn turned around a three-year decline in North American channel business and achieved an annual growth rate of 25 percent. Immediately prior to joining FalconStor, Quinn was the commissioner of information technology of the Suffolk County Department of Information Technology, Long Island, New York. He received a bachelor's degree in computer science from Hofstra University.

"I came to FalconStor because of the company's proven technology and its potential to make a significant contribution to the data protection industry," said Quinn. "In my new role, my goals remain the same: To do everything in my power to marshal FalconStor's considerable talent and resources to help our customers manage and protect their data with confidence and peace of mind."

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