FalconStor's Wendy Petty Named to the Top 75 Channel Executives by CM

    Technology Editors

    MELVILLE, N.Y.--(BUSINESS WIRE)--March 22, 2005--FalconStor Software, Inc. (Nasdaq: FALC), a leading developer of network storage software solutions, today announced that Wendy Petty, FalconStor vice president of sales, has been recognized by the editors of CMP Media's VARBusiness as one of North America's "Top 75 Executives" -- a who's who of the women and men minding the information technology (IT) distribution channels. Petty was honored in the special March 21 "Partner Programs Guide" issue of the biweekly magazine that provides strategic insight to technology integrators.
    FalconStor was also lauded by VARBusiness magazine as one of North America's top information-technology (IT) vendors in terms of the breadth and depth of channel-partner programs it presents to solution providers who sell its products to end users. FalconStor received a Five-Star Rating, acknowledging the robust features of its programs for IT integrators, resellers and consultants.
    "The 75 executives whom we've honored have demonstrated the deliberate, steadfast focus needed to grow both their own companies' businesses and those of their loyal solution-provider partners," says VARBusiness Publisher Robert C. DeMarzo. "They develop the successful programs that build business by effectively moving technology through the channel to end users, and we applaud vendors like FalconStor for their overall channel commitment and channel innovation."
    "This recognition is an acknowledgement of the success of our channel partners and channel recruitment efforts. We've been a channel company from day one, and very dedicated to making our channel partners successful," said Wendy Petty, FalconStor vice president of sales. "Solution providers can grow their business incrementally with FalconStor. We provide them solutions from the enterprise to the SMB, with the education and training to bring these solutions to their customers."
    Of the 287 vendor program entries reviewed this year, one-third of them, from 85 different vendors, received the coveted five-star rating in the magazine's 11th annual Partner Programs Guide survey. The "Top 75 Execs" list is based on information from IT analysts, sales figures, market share and accumulated knowledge.
    To read the complete release, including the Safe Harbor agreement, visit www.falconstor.com/2005VARBusinessrecognition.asp.

--30--MH/ny*

CONTACT: FalconStor Herman Chin, 631-962-1163 herman.chin@falconstor.com

KEYWORD: NEW YORK INDUSTRY KEYWORD: HARDWARE SOFTWARE BANKING INTERNET E-COMMERCE MANAGEMENT CHANGES SOURCE: FalconStor Software, Inc.

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