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FalconStor, China Security Team

MELVILLE, N.Y. -- FalconStor Software, Inc. (NASDAQ: FALC), the provider of TOTALLY Open data protection solutions, today announced a partnering agreement with China Security & Surveillance Technology, Inc. (CSST) (NYSE: CSR), to bring the efficiencies of SAN virtualization, storage provisioning, business continuity and storage management to the digital video security and surveillance market. As part of this agreement, the companies will collaborate to jointly address the worldwide market for digital video security and surveillance with co-development and co-marketing activities.

CSST engages in the manufacturing, distribution, installation, and maintenance of security and surveillance systems throughout China. Its customer base includes financial institutions, transportation facilities, telecommunication providers, and government agencies. The digital IP surveillance market is growing fast, and the data needs to be protected and recoverable. CSST identified FalconStor as the strategic partner able to provide a total storage solution for CSST’s surveillance systems.

“Managing the storage needs of digital surveillance systems is critical as the security and surveillance industry continues to grow significantly in China and around the world," said Dr. Eric Chen, vice president and general manager, FalconStor Asia Pacific Operations. “CSST is at the forefront of next-generation digital surveillance systems, and it demands robust data protection and business continuity technology from FalconStor.”

FalconStor Software Inc.