Frost & Sullivan Recognizes IDT's International Calling Cards With Pr

    Business Editors/Technology Editors

    SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan. 13, 2005--Frost & Sullivan recognized IDT Corporation with the 2005 Prepaid Market Product of the Year Award at last night's Excellence in Information & Communications Technologies Awards Banquet.
    Many consumers have not been satisfied with the services offered by some international calling card providers due to the inconsistent service quality and the high number of companies exiting the market, leaving "dead" cards in their wake.
    In contrast, IDT's calling cards represent affordable, consistent high quality and have become a brand that consumers trust to be available for years to come. IDT's dedication to quality has helped stabilize the calling card market and restore customer confidence.
    "The success of IDT's products can be attributed to the quality of service offered," notes Paul Waadevig, Frost & Sullivan's industry manager. "IDT steadily grew its brand and consolidated its international long distance offerings through strategic acquisition of competitors that also had consumer trust."
    IDT has increased its market share every year for the last four years and is now a leader in the U.S. international prepaid market. IDT achieved this growth at a time when the total prepaid long distance market was facing a slump and while major Interexchange Carriers (IXCs) and Regional Bell operating companies (RBOCs) have attempted to target the international prepaid market.
    IDT directs its marketing efforts towards assuring that it will provide value and quality, while also offering better margins to the retailer than the major telecom companies. "This has allowed IDT to leverage the brand trust in major retailers and increase its own brand awareness among consumers," adds Waadevig.
    Frost & Sullivan presents its Product of the Year Award to a company that has demonstrated excellence in new products and technologies within its industry. The recipient company has shown innovation by launching a broad line of emerging products and technologies.
    Held in Scottsdale, Frost & Sullivan's 2005 Excellence in Information & Communications Technologies Awards Banquet honors world-class companies for outstanding performance and achievements in the information and communications technologies markets. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies.

    About IDT Corporation

    IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. IDT Telecom, by means of its own international telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance and domestic all-distance telephony and prepaid calling cards. IDT Entertainment is the IDT subsidiary focused on developing, acquiring, producing and distributing computer-generated and traditionally animated productions and other productions for the film, broadcast and direct-to-consumer markets. IDT Capital is the IDT division principally responsible for the Company's initiatives in radio broadcasting, brochure distribution and new video technologies. Net2Phone Inc., a subsidiary of IDT Corporation, is a leading provider of high-quality global retail Voice over IP services and offers a fully outsourced cable telephony service to cable operators allowing cable operators to provide residential phone service to their subscribers.
    IDT Corporation's Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C, respectively.

    About Frost & Sullivan

    Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting, and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world. For more information, visit www.frost.com.

--30--BD/sa*

CONTACT: Frost & Sullivan, San Antonio Stacie Jones, 210-247-2450 Stacie.Jones@frost.com

KEYWORD: CALIFORNIA ARIZONA TEXAS NEW JERSEY INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD ENTERTAINMENT RETAIL TELECOMMUNICATIONS TRADESHOW PRODUCT SOURCE: Frost & Sullivan

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