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FalconStor Software, Inc., (Nasdaq:
FALC) develops industrial-strength network storage infrastructure
software solutions that are deployed by a wide range of Fortune
1000 companies, including leading health care organizations, financial
institutions, government agencies, xSPs, e-commerce businesses,
and educational institutions to minimize the total cost of ownership
(TCO) of storage for business critical applications. FalconStor’s
primary goal is to empower enterprises to rise above the burgeoning
complexities, costs, and data availability issues bred by the massive
upsurge in mission-critical data worldwide.
The Company’s comprehensive storage services model delivers
immediate and permanent return on investment (ROI) on all storage-related
expenditures (human resources and equipment), as well as on mission-critical
business applications (e.g. messaging and databases), by optimizing
performance and maximizing uptime.
FalconStor protects business investments in people and know-how
by leveraging standard storage technologies and allows companies
to simultaneously enjoy the best of both Network Attached Storage
(NAS) and Storage Area Networks (SANs) for maximum ROI.
Currently employing over 130 professionals worldwide, FalconStor
is headquartered in Melville, NY, and has sales and support offices
throughout Europe and the Asia Pacific regions including Paris,
Tokyo and Taiwan.
History
FalconStor was founded in 2000 by several Stony Brook University Alumnus,
including ReiJane Huai and Wai Lam, in addition to a team of experts
with years of experience in storage networking and a track record
of success. The company's engineering and management teams are seasoned
veterans of enterprise storage and networking software. They originally
joined forces at Cheyenne Software, where ReiJane Huai, now FalconStor
CEO, was chief architect of the award-winning ARCserve solution, the
industry's first client/server storage management solution and the
industry standard in backup and restore technology. Cheyenne Software
was later acquired by Computer Associates International.
The energy of innovation is pervasive throughout the company. It translates
into award-winning solutions, which consistently garner industry accolades
and have won the loyalty of scores of customers worldwide.
Wai Lam, Vice President of Engineering
Wai was one of the original founders of FalconStor. Prior to FalconStor
he was Vice President and Architect at CA, he was responsible for
the eTrust Internet security product strategy and design. He joined
CA in 1996 with its acquisition of Cheyenne Software, Inc., where
he was Director and Architect of the HSM product line. He joined Cheyenne
in 1993 with its acquisition of Applied Programming Technologies,
Inc., where he was a partner and developer of network storage systems
using the newly available optical libraries. Before joining APT, Mr.
Lam worked at Hughes Aircraft, where he was a microwave circuit designer
for space communication systems, and he was appointed Senior Staff
Engineer. Mr. Lam received a Master of Science degree from UCLA in
1984, and a Bachelor of Engineering degree from Stony Brook University
in 1982.
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