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FalconStor Software Chairman and CEO ReiJane Huai Named Ernst & Young Entrepreneur Of The Year® 2009 Award Finalist in Metro New York Region
Monday, May 18, 2009 9:30 AM


FalconStor Software, Inc. (NASDAQ: FALC), the provider of TOTALLY Open™ data protection solutions, today announced that Chairman and CEO ReiJane Huai is a finalist for the Ernst & Young Entrepreneur Of The Year® 2009 Award in the Metro New York Region. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Mr. Huai was selected as a finalist from nearly 60 nominations by a panel of independent judges. Award winners will be announced at a special gala event on Thursday, June 25 at the Marriott Marquis, Times Square, NY.

“Being a finalist in the Metro New York Region is a true testament to the spirit of innovation that drives our entire company - to develop better, more flexible and efficient data protection solutions that address real-world customer needs,” said Mr. Huai. “We encourage entrepreneurial excellence and leadership through hard work, innovation and fearlessness in the face of competition. These ideals are embodied by our leadership and reflect our experience in the data networking and storage markets.”

FalconStor Software delivers proven, comprehensive data protection solutions that facilitate the continuous availability of business-critical data with speed, integrity and simplicity. FalconStor’s innovative approach provides flexible storage solutions that are easy to deploy, allowing companies to minimize downtime, rapidly recover data, optimize efficiency, and recognize fast return on investment.

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 23rd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.

Regional award winners are eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 14, 2009.



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