FalconStor and EMC Extend Contract.MELVILLE, NY -- FalconStor Software, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FALC FALC Frame And Line Interface Component (electrical engineering) FALC French and African Language and Culture Center ), the premier developer of proven data protection solutions, today announced that it has extended its technology supplier relationship with EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. , the world leader in information infrastructure solutions, through 2013. FalconStor and EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. co-develop the software management platform, which is based on the EMC[R] UltraScale[TM] architecture, for the industry-leading EMC Disk Library family of easy-to-use, secure and intelligent open systems backup and recovery solutions. Together, FalconStor and EMC have led the open virtual tape library A hard disk array that emulates a tape library. A virtual tape library (VTL) enables the storage medium to be switched from tapes to disks while continuing to use the existing tape backup software. See virtual tape system and storage virtualization. (VTL See virtual tape library. ) market since 2004 by providing virtualized storage solutions for data protection. The EMC Disk Library helps customers recover rapidly from any data loss or outage with minimal effort while decreasing operational costs. Open systems VTL has become the premier technology to ease backup and recovery problems. Revenue for VTL open systems was over $250 million in 2005 and it is expected to grow by almost 30% per year to $1.1 billon bil·lon n. 1. An alloy of gold or silver with a greater proportion of another metal, such as copper, used in making coins. 2. An alloy of silver with a high percentage of copper, used in making medals and tokens. by 2011 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC1. "EMC and FalconStor's three-year development efforts have driven the open systems virtual tape market. More than 70 petabytes of EMC Disk Library capacity have been deployed in just over two years," said Barry Ader, senior director, Storage Platform Marketing, EMC Corporation. "EMC will continue to meet the demands of this rapidly growing market through high-performance disk-based backup and recovery solutions that are easy-to-deploy and use." "As the market share leader, EMC Disk Library gives organizations the scale, performance and functionality required for effective disk-based backup and recovery," said Bernie Wu, vice president of business development, FalconStor. "The renewal of the agreement with EMC solidifies FalconStor's position as the industry leader in VTL software. We look forward to strengthening organizations' backup operations by delivering the most advanced and robust VTL solutions available today." About FalconStor VTL FalconStor's award-winning VirtualTape Library (VTL) solution consolidates the management of backup resources while enhancing the reliability of backup operations and accelerating the speed of recovery. FalconStor VTL leverages industry standard high speed disk to provision virtual tape drives and libraries to backup servers attached to an iSCSI/IP or Fibre Channel storage area network (SAN), without the need to change existing backup software See backup program. (tool, software) backup software - Software for doing a backup, often included as part of the operating system. Backup software should provide ways to specify what files get backed up and to where. configurations, therefore preserving the investment in backup policy and IT staff's operating knowledge. About FalconStor Software, Inc. FalconStor Software, Inc. (Nasdaq:FALC) is the premier developer of proven data protection solutions that optimize data center efficiency and business continuity for all IT infrastructures. The company's award-winning storage virtualization, continuous data protection (CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, ), disaster recovery, and virtual tape library (VTL) solutions integrate seamlessly to ensure rapid data recovery and simplified storage management. Its products are available from major OEMs, system integrators, and resellers, and are deployed worldwide by governments, educational institutions, and Fortune 1000 enterprises across industries including aerospace, energy production, financial services, healthcare, law, manufacturing, and telecommunications. FalconStor is headquartered in Melville, N.Y., with offices throughout Europe and the Asia Pacific regions including Paris, Tokyo and Taiwan. For more information, visit www.FalconStor.com or call 1-866-NOW-FALC (866-669-3252). FalconStor is a registered trademark FalconStor Software, Inc. EMC is a registered trademark and UltraScale is a trademark of the EMC Corporation. All other company and product names contained herein may be trademarks of the respective holders. 1. IDC Worldwide VTL Forecast 2006 - 2011 |
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