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posted on 02 July 2008 09:56

SEOUL, KOREA, July 1, 2008—FalconStor Software, Inc. (NASDAQ: FALC), the provider of TOTALLY Open™ network storage solutions, today announced that Korea East-West Power Company (EWP) has installed FalconStor® Virtual Tape Library with deduplication to ensure business continuity by speeding up and simplifying backup and recovery.

Producing approximately 13 percent of Korea’s total electric energy needs, EWP plays an important role in the Korean power industry. Recognizing that a system failure or site-level disaster would be catastrophic, its IT organization wanted to establish a solid disaster recovery center for business continuity. EWP placed a high priority on addressing its disaster recovery needs, especially since their six power stations are widely spread across South Korea and each are equally critical.

“To meet our goal of becoming a top-tier company that leads the power-generation industry by offering the best energy value, we have invested heavily in IT,” said Kyung-Taek Lim, general manager of Korea East-West Power Company. “Part of that investment is in an intelligent storage and data protection platform that will allow us to build a next generation IT infrastructure and DR site. We anticipate that FalconStor VTL and deduplication will suit our current needs and easily scale as our business expands.”

The combination of the FalconStor VTL and its data deduplication option is enabling EWP to:

· Build a DR site that would protect its entire IT system;
· Leverage its existing storage resources without vendor lock-in
· Perform global data deduplication to optimize storage and reduce bandwidth needs for remote replication;
· Centralize data replication from remote sites to the data center;
· Optimize backup with a next-generation storage infrastructure;
· Reduce management costs
· Scale performance and capacity as the business grows.

“Rapid recovery from disaster is essential to a power supplier as interruptions threaten services levels, power generation and distribution," said Dr. Eric Chen, vice president and general manager, FalconStor Asia Pacific Operations. “EWP’s six facilities are widely dispersed, making it vital for them to establish a strong disaster recovery plan to ensure business continuity in the event of a system failure or site-level disaster. FalconStor VTL gives them a comprehensive solution that optimizes backup and restore as well as data deduplication capabilities to maximize storage utilization.”

FalconStor deduplication delivers a powerful combination of backup/restore performance, availability, and scalability to FalconStor VTL users. With FalconStor VTL and deduplication, users can schedule deduplication to run concurrently with backup, as soon as the first complete write to virtual tape finishes. Deduplication can also be set to run after the backup completes, with neither method impacting the backup window. Storage requirements are minimized to keep more data online for longer periods of time, reducing replication bandwidth requirements and overall data protection costs.

About Korea East-West Power Company

Korea East-West Power Co., Ltd. (EWP) was spun from Korea Electric Power Corporation (KEPCO) in 2001 as part of a governmental restructuring plan of the domestic power industry. EWP generates electrical power at six locations across the country, and its installed capacity totals 9,500 megawatts. Two new 1,000-megawatt plants are under construction at a Dangjin location as well. For more information, visit www.ewp.co.kr/eng.

About FalconStor Software, Inc.
FalconStor Software, Inc. (NASDAQ: FALC), #5 in Forbes 2008 list of America´s Fastest-Growing Technology Companies, is the market leader in disk-based data protection. We deliver proven, comprehensive data protection solutions that facilitate the continuous availability of business-critical data with speed, integrity, and simplicity. Our TOTALLY Open™ technology solutions, built upon the award-winning IPStor® platform, include the industry leading Virtual Tape Library (VTL) with Deduplication, Continuous Data Protector™ (CDP), Network Storage Server (NSS), and Replication option for disaster recovery and remote office protection. Our products are available from major OEMs and solution providers including IBM, EMC, SUN, Acer, Brocade, COPAN Systems, H3C, MPC, and Pillar Data Systems and are deployed by thousands of customers worldwide, from small businesses to Fortune 1000 enterprises.

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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).