FalconStor Software, Inc. announced the appointment of Todd Brooks as Chief Executive Officer and Patrick McClain as Chief Financial Officer. Brooks is an experienced chief executive with proven success in re-energizing growth and profitability for mature enterprise software companies across the globe. Brooks is an Operating Partner with Razorhorse Capital.

Previously, he was Chief Operating Officer for Aurea Software, and CEO for Update Software, a publicly traded company in Europe. McClain is a hands-on and deeply experienced leader who has served as a key financial executive leader within numerous technology companies. Prior to joining FalconStor, he was CFO for Aurea Software, CFO for Rules Based Medicine (currently Myriad RBM), and a fractional CFO for over 20 software and technology clients.

McClain began his career with Price Waterhouse as an audit manager. In concert with these appointments, Todd Oseth, formerly FalconStor President and Chief Executive Officer, will move into a strategic industry advisor role to support the Company's reorganization efforts, and Dan Murale, formerly FalconStor Chief Financial Officer, resigned to pursue other opportunities.