Market Overview

Meridian IT Selects FalconStor to Expand Its Backup and Archive Managed Services Offerings for IBM i Customers

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AUSTIN, Texas, March 17, 2020 /PRNewswire/ -- FalconStor Software, Inc. (OTCQB:FALC), a leading data protection company, announced today that Meridian IT, a leading managed services provider in the United Kingdom, has selected FalconStor's solutions to enhance and modernize its backup and long-term archival services.

Today's announcement highlights customers' needs to meet the accelerating demand for storage virtualization, data protection, disaster recovery, data mobility, and backup and archive solutions from large organizations with complex heterogeneous IT environments. In the past years, there has been enormous demand for robust managed services offerings, requiring specialized talent to manage, maintain, and protect an organization's information assets.

"Our team helps to ease the management burden, while also delivering the latest improvements and security measures to meet the everchanging cyber threats," said John Smith, CEO of Meridian UK. "After significant due diligence, we selected FalconStor to help us expand our portfolio. We have been working closely with FalconStor and have built a robust business with its technologies over the years. We look forward to our expanded relationship with FalconStor and our continuing opportunity to deliver innovative, high-value solutions to our customers throughout Europe."

"We are pleased to work with Meridian IT in Europe and help add valuable service offerings to its portfolio," said Carter McCray, FalconStor CRO. "With FalconStor's technology advancements and Meridian's service innovations, Meridian is able to offer cost-effective backup and archival services that modernize and streamline IT processes as a very competitive alternative to the aging and complex tape backup challenges that many organizations are burdened with today. For Meridian's IBM i customers specifically, it offers a seamless, cost-friendly, drop-in replacement for the IBM end-of-life ProtecTEIR, as well as an agnostic solution for other critical applications that require robust backup and archival solutions."

About Meridian IT UK

Meridian IT has been a leader in the UK's enterprise technology sector since 1979 because we've always put people first. To help our clients to succeed, we need to be confident that our own team has what it takes. That's why we've focused on building up the strongest commercial and technical services teams in the business. As part of the Meridian Group International, a privately-owned business with operations in Europe, North America and Asia-Pacific, we have the financial stability and backing to act as a trusted partner for long-term, large-scale projects. By harnessing resources from our international network, we can deliver projects across multiple markets, combining global reach with local expertise.

About FalconStor

FalconStor Software, Inc (OTCQB:FALC) is a technology company whose mission is to deliver technical innovation that creates investment protection, flexibility, and leverage of modern cloud-based technologies for enterprise users.  The company provides software and cloud services that enable enterprise customers to better manage, protect, secure, and make use of their valuable data.  Customers achieve lower costs, simpler operations, greater data security, higher confidence in their business continuity, and greater ability to effectively use their data assets to drive innovation. Founded in 2000, FalconStor has headquarters in Austin, Texas and additional offices in New York, Europe and Asia. Its solutions are available and supported by a vast network of system integrators and resellers. Connect with FalconStor on Twitter, Facebook, LinkedIn, and the company's blog.

Meridian Contact:

Jane Doe

Meridian IT

Jane.doe@meridianuk.com

+44 123 45 3456

FalconStor Contact:

Georgiana Comsa

Silicon Valley PR

georgiana@siliconvalleypr.com

650-800-7084

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/meridian-it-selects-falconstor-to-expand-its-backup-and-archive-managed-services-offerings-for-ibm-i-customers-301025341.html

SOURCE FalconStor Software, Inc.

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