The Falcon was a short lived semi auto paintball marker with some interesting design features. It is said that only between three to twenty were ever completed before legal action over the regulator design shut down production. I was lucky enough to see the Falcon at the 1994 NPPL World cup and take a couple of pictures.
The Falcon was a very advanced design for 1994. The Falcon had a spool valve, a pneumatically actuated trigger and a ram and spring operated bolt. Parts of the design can be traced to both the Phoenix and Montneel paintball markers.
The first photo shows Marcus Neeley holding a black Falcon, Rob Fox holding a Blue Falcon and Tom Fox holding a Yellow Falcon. The second photo shows a closeup of the Blue Falcon whilst the last two are scans of the dealer brochure.
For further information on the Falcon check out the articles on Paintball History.