NEWARK, NJ , Sept. 21, 2022 — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2022 fiscal year (the three and twelve months ended July 31st) on Thursday, October 6, 2022.

IDT’s earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and–media) at approximately 4:30 PM Eastern.

IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results, outlook, and strategy followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and request the IDT Corporation call (participant access code: 657260).

A replay of the conference call will be available approximately three hours after the call concludes through October 20, 2022. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay number: 46269. The replay will also be accessible via streaming audio at the IDT investor relations website.

About IDT Corporation:

IDT Corporation (NYSE: IDT) is a global provider of fintech, cloud communications, and traditional communications services. We make it easy for families to contact and support each other across international borders. We also enable businesses to transact and communicate with their customers with enhanced intelligence and insight.

Our BOSS Money international remittance and BOSS Revolution international calling services make sending money and speaking with friends and family around the world convenient and reliable. National Retail Solutions‘ (NRS) point-of-sale retail network enables independent retailers to operate and process transactions more effectively while providing advertisers and consumer marketers with unprecedented reach into underserved consumer markets. net2phone‘s communications-as-a-service solutions provide businesses with intelligently integrated cloud communications and collaboration tools across channels and devices. Our IDT Global and IDT Express wholesale offerings enable communications service enterprises to provision and manage international voice and SMS services.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

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Collaboration Provides Direct Deposit to Over 20 million UBA Accounts in Nigeria

Newark, NJ, Sept. 19, 2022 — BOSS Money, the money remittance and payments brand of IDT Corporation (NYSE: IDT), and Africa Global Bank (United Bank for Africa), a leading pan-African financial institution, today announced a collaboration to expand disbursement options for money transfers from the U.S. to Nigeria. The partnership will enable BOSS Money customers to send U.S. dollars for direct deposit at any of the approximately 20 million United Bank for Africa (UBA) accounts in Nigeria.

“Our collaboration enables BOSS Money customers to send money to the UBA bank accounts of family and friends in Nigeria for receipt in a matter of minutes,” said Alfredo O’Hagan, IDT’s SVP for Consumer Payments. “We are delighted to partner with UBA, a trusted leader in personal banking services, to power convenient, reliable, affordable, and timely money transfers to Nigeria.”

Speaking of the partnership, UBAs Head of Personal Banking, Ogechi Altraide, said, “Our alliance with BOSS Money enables customers to enjoy stress-free, seamless transfers to Nigeria. We are very optimistic that our collaboration will significantly enhance remittances to our millions of customers across Nigeria.”

Through the partnership, BOSS Money customers will be able to transfer up to US$100 to Nigeria for as little as US$3.99 or transfer up to US$2,999 for as little as US$6.99 when using the BOSS Money or BOSS Calling apps.

The highly rated BOSS apps are free on the App Store and on Google Play. Senders utilizing either BOSS app or the bossrevolution.com website for the first time pay no fees on transfers up to US$300. Customers can also send cash directly from BOSS Money retailers across the U.S.

BOSS Money now offers remittances from the U.S. to 50 countries via 1,300 payers at over 315,000 cash pick-up locations in addition to mobile money and direct deposit services.

About IDT Corporation:

IDT Corporation (NYSE: IDT) is a global provider of fintech, cloud communications, and traditional communications services. We help families to share, communicate and support each other across international borders. We also enable businesses to transact and communicate with their customers with enhanced intelligence and insight.

Our National Retail Solutions‘ (NRS) point-of-sale network enables independent retailers to operate and process transactions more effectively while providing advertisers and consumer marketers with unprecedented reach into underserved consumer markets. Our BOSS Money international money remittance and mobile top-up services offer convenient and reliable value transfers. Our BOSS Revolution calling service provides dependable voice and messaging communications globally. net2phone‘s unified communications and contact center solutions provide businesses with intelligently integrated cloud communications and collaboration tools across channels and devices. Our IDT Global and IDT Express wholesale offerings enable communications service enterprises to provision and manage international voice and SMS services.

About Africa Global Bank (United Bank for Africa):

UBA is a leading pan-African financial institution, offering banking services to more than thirty-seven million customers across 1,000 business offices and customer touch points in 20 African countries. With presences in New York, London, Paris and the UAE, UBA is connecting people and businesses globally through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

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The NRS retail network comprises over 19,000 terminals nationwide processing purchases at bodegas and other independent retailers predominantly serving urban consumers

Consumer spending at NRS retailers in August increased 6.4% compared to August 2021 but decreased 3.3% compared to July 2022

NEWARK, N.J., Sept. 06, 2022 — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) nationwide point-of-sale (POS) platform, today announced comparative same-store sales results for August 2022.

August 2022 Retail Same-Store Sales Highlights for August 2022

• Same-store sales increased 6.4% from a year earlier (August 2021) and decreased 3.3% compared to the preceding month (July 2022). Same-store sales in July had increased 9.2% compared to the year-ago month, July 2021, and increased 6.5% compared to the previous month, June 2022. (Note: sequential comparisons are impacted by seasonal factors).
• Year to date, same-store sales have increased 8.4% compared to the comparable period in 2021;
• For the three months ended August 31, 2022, same-store sales increased 9.2% compared to the three months ended August 31, 2021.
• The number of items sold during August 2022 increased 6.8% compared to August 2021 and decreased 0.8% compared to July 2022;
• The average number of transactions per store in August 2022 increased 3.9% compared to August 2021 and decreased 1.2% compared to July 2022;
• A dollar-weighted average of prices for the top 500 items purchased in August increased 2.3% year over year, less than the 2.9% year-over-year increase in July 2022.

“NRS same-store sales data for August continue to reflect strong year-over-year dollar increases, but at a less robust pace than we saw in July,” said Suzy Silliman, SVP, Data Strategy and Sales at NRS. “While spending in August decreased compared to July, we typically experience a modest sequential decline in August driven by seasonal factors. Categories bucking the trend with sequential gains in quantity, baskets, and dollars included school and office supplies and packaged lunch combos -categories driven by back-to-school seasonality. The August data also suggest that inflationary pressures have subsided somewhat. Costs of our most popular items increased 2.3% year over year compared to the 2.9% year over year increase we saw last month.”

The table below provides historical comparative data with the US Commerce Department’s Advance Monthly Retail Trade data excluding food service:

NRSInsights Reports

The NRSInsights monthly Same-Store Retail Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Over the prior 13 months, the NRS same-store retail sales data has exhibited a statistically significant correlation with the US Commerce Department’s Advance Monthly Retail Trade data excluding food services (r =.825, p = .00096).

The NRSInsights data have not been adjusted to reflect inflation, demographic distributions, seasonal buying patterns, item substitution, or other factors that may facilitate comparisons to other periods, to other same-store retail sales data, or to the US Commerce Department’s retail data.

Same-store data comparisons of August 2022 with August 2021 are derived from approximately 117 million transactions processed through the 11,148 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of August 2022 data with July 2022 data are derived from approximately 169 million transactions processed through 16,574 stores.

NRS POS Network

NRS operates the largest POS network for independent retailers in the US, aggregating data from over 19,000 active POS terminals operating in over 17,000 independent retail stores. Its platform predominantly serves urban, small-format, independent, retail stores including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. The network includes retailers in all 50 states and in 188 of the 210 designated market areas (DMAs) in the US. Over the past twelve months, NRS’ POS terminals processed $11.9 billion in sales through approximately 865 million transactions.

About National Retail Solutions (NRS):

National Retail Solutions operates a point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers and bodega owners nationwide. Retailers utilize NRS offerings to process transactions and manage operations more effectively. Advertisers access the terminal’s digital display network to reach these retailers’ massive, predominantly urban customer bases. Consumer packaged goods (CPG) suppliers leverage the NRS platform to provision promotions, coupons and special offers to independent retailers. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this
release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

NRS Data Contact:
Suzy Silliman
SVP, Data Strategy and Sales at NRS
National Retail Solutions
suzy.silliman@nrsplus.com

IDT Corporation Contact:
Bill Ulrey
(973) 438-3034
william.ulrey@idt.net

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Attachment

• National Retail Solutions

Frost Radar^™ Evaluation Focused on Innovation and Growth as Defining Metrics

Newark, NJ, Aug. 31, 2022 — net2phone, a leading cloud communications provider, today announced that it has been identified as a growth and innovation leader by Frost & Sullivan, the business technology consulting firm, and achieved the top quadrant of the Frost Radar^TM: Unified Communications as a Service Market in Latin America and the Caribbean, 2022 report.

The Frost Radar^™ reports are based on an in-depth analysis of leading industry players built on a 360-degree research methodology. The Frost Radar^™ is a proprietary analytical tool to evaluate companies across two key indices: their focus on continuous innovation and their ability to translate their innovations into consistent growth. The Frost Radar™ recognizes industry leaders and provides insights into their innovative offerings, competitive advantages, projected growth rates, and business outlook.

The Frost Radar^™ report noted, “Frost & Sullivan regards net2phone as one of the fastest-growing UCaaS providers in the region, holding a top position in terms of market share. The company has built a highly diversified client portfolio established solid penetration in several industries and a large partner ecosystem, consisting of hundreds of agents and channel partners, providing the capability to sustain a strong growth pipeline.”

Discussing net2phone’s high marks on innovation, Frost & Sullivan’s Information & Communication Technologies Industry Director, Alaa Saayed, noted, “The company continually adds new features into its solutions and has centralized development teams that collaborate with regional engineers to tailor projects for large customers.”

“It’s always gratifying when a respected voice in our industry like Frost & Sullivan recognizes the value of our innovative solutions and commitment to client service,” said Jonah Fink, President of net2phone. “In this case, I’m particularly pleased that our focus and capabilities align with the strategic growth opportunities Frost & Sullivan identifies in the cloud communications market.”

Fink concluded, “We are very focused on enabling a hybrid and remote workforce, meeting the booming demand for contact-center-as-a-service solutions, and providing collaboration-centric solutions. In each of these three areas, net2phone is well positioned to accelerate its growth across the region.”

About net2phone:

net2phone’s cloud communications and contact center solutions help businesses around the globe succeed through smarter conversations. net2phone is a subsidiary of IDT Corporation (NYSE: IDT). To learn more, please visit net2phone.com or connect on LinkedIn.

net2phone Media Contact:
Denise D’Arienzo
VP of Marketing & Sales Operations
Email: denise.darienzo@net2phone.com

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Companies Will Share Perspectives on the Effort to Broaden Access to Last-Mile Delivery

NEWARK, N.J., Aug. 30, 2022 — National Retail Solutions, operator of the leading point-of-sale (POS) platform for independent convenience stores, bodegas and other neighborhood retailers, and Bringg, the market leading delivery management platform provider, today announced that they will jointly present How to Make Delivery & Fulfillment Accessible to All at Home Delivery World 2022, the conference and exhibition for last mile logistics.

The NRS/Bringg presentation at Home Delivery World is scheduled for 11:30 AM tomorrow, August 31, 2022. Home Delivery World 2022 will be held at the Pennsylvania Convention Center in Philadelphia.

Elie Y. Katz, President and CEO of National Retail Solutions, and Daniela Perlmutter SVP Marketing and Growth of Bringg, will discuss common approaches to significantly expand access to, and participation in, the last-mile delivery industry, upending the industry status quo.

Katz has led NRS since its inception, growing it from its inception to become the largest point-of-sale (POS) network for independent retailers in the nation serving over 19,000 retail outlets. Katz previously served as a senior executive for several technology, energy and food service companies including other IDT companies, and has invested in and managed numerous restaurants.

Perlmutter has over 20 years of experience leading global marketing for multibillion-dollar tech companies and SaaS start-ups. She joined Bringg after leading the go-to-market strategy and marketing for B2B companies across Cybersecurity, Telecom, and IoT. Perlmutter is a mentor at the Intel Ignite accelerator program for startups, a graduate of a joint program with Wharton Business School, and holds an MBA and BA from Tel Aviv University.

About National Retail Solutions (NRS):

National Retail Solutions operates a point-of-sale (POS) terminal-based platform and digital payment processing service for C-stores, bodegas, and other independent retailers nationwide. Retailers utilize NRS offerings to process transactions and manage operations more effectively. Advertisers access the terminal’s digital display network to reach these retailers’ massive, predominantly urban customer bases. Consumer packaged goods (CPG) suppliers leverage the NRS platform to provision promotions, coupons and special offers to independent retailers. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

About Bringg:

Bringg helps enterprises scale up and optimize their logistics operations with our data-led delivery and fulfillment cloud platform. Using Bringg, retailers and logistics providers can rapidly enable innovative delivery and fulfillment models that maximize the customer experience, optimize logistics operations and scale business channels for growth. Some of the world’s best-known brands in more than 50 countries use Bringg’s platform to deliver the perfect last mile experience at peak efficiency across multiple delivery models.

NRS Contact:
Bill Ulrey
william.ulrey@idt.net

# # #

NEWARK, NJ, Aug. 25, 2022 — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that it has been informed by the Enforcement Bureau of the Federal Communications Commission’s Spectrum Enforcement Division that the Bureau has completed its review of the record regarding the renewal of spectrum licenses included in IDT’s 2013 spinoff of Straight Path Communications and, at this time, does not plan to take further action in the matter.

“We cooperated with the Enforcement Bureau throughout their review, and welcome this outcome,” said Shmuel Jonas, IDT’s Chief Executive Officer.

About IDT Corporation:

IDT Corporation (NYSE: IDT) is a global provider of fintech, cloud communications, and traditional communications services. We make it easy for families to contact and support each other across international borders. We also enable businesses to transact and communicate with their customers with enhanced intelligence and insight.

Our BOSS Money international remittance and BOSS Revolution international calling services make sending money and speaking with friends and family around the world convenient and reliable. National Retail Solutions‘ (NRS) point-of-sale retail network enables independent retailers to operate and process transactions more effectively while providing advertisers and consumer marketers with unprecedented reach into underserved consumer markets. net2phone‘s communications-as-a-service solutions provide businesses with intelligently integrated cloud communications and collaboration tools across channels and devices. Our IDT Global and IDT Express wholesale offerings enable communications service enterprises to provision and manage international voice and SMS services.

Contact:

Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

# # #

The NRS retail network comprises over 16,000 convenience stores, bodegas and other independent retailers in urban neighborhoods nationwide

Consumer spending at NRS retailers surged in July 2022 – increasing 9.2% year over year and 6.5% from June

NEWARK, N.J., Aug. 04, 2022 — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) nationwide point-of-sale (POS) platform, today announced comparative same-store sales results for July, 2022.

The NRSInsights Same-Store Retail Sales Report for July, 2022 is the first in a planned series. The report is intended to provide timely topline data reflective of sales at its network of independent, urban, retail stores.

Over the prior eleven months, the three-month rolling average of the NRS same store retail sales data have exhibited a statistically significant correlation with the US Commerce Department’s Advance Monthly Retail Trade data excluding food services (r =0.725, p = 0.012).

The US Commerce Department’s Advance Monthly Retail Sales for Retail and Food Service is typically released between the 14^th and 17^th days of the subsequent month. NRSInsights intends to release its Same-Store Retail Sales Report on or before the 5^th business day of the subsequent month.

The NRSInsights data have not been adjusted to reflect inflation, demographic distributions, seasonal buying patterns, item substitution, or other factors that may facilitate comparisons to other periods, to other same store retail sales data, or to the US Commerce Department’s retail data.

NRS POS Network

NRS operates the largest POS network for independent retailers in the US, aggregating data from over 16,000 POS terminals. Its platform predominantly serves urban, small-format, independent, retail stores including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. The network includes retailers in all 50 states and in 188 of the 210 designated market areas (DMAs) in the US. Over the past twelve months, NRS’ POS terminals processed $11.5 billion in sales through approximately 840 million transactions.

“The NRS POS platform is well positioned to provide data reflective of consumer trends in the urban retail convenience store market,” said Suzy Silliman, SVP, Data Strategy and Sales at NRS. “The convenience stores, bodegas, and other independent retailers that we serve are typically the ‘go-to’ neighborhood retailers for daily essentials and convenience items. Because these stores are typically not served by other POS platforms and because they process a significant proportion of purchases from customers paying in cash or with store credit, there are no qualitatively equivalent sources of transaction-level data.”

July 2022 Retail Data Highlights

NRS comparative same-store sales highlights for July, 2022 are as follows:

• Same-store sales increased 9.2% compared to July, 2021 and 6.5% compared to the preceding month, June 2022. Year over year sales increases were largest on sales of non-alcoholic beverages and beer;
• Year to date, same-store sales increased 8.6% compared to the comparable period in 2021;
• For the three months ended July 31, 2022, same-store sales increased 8.8% compared to the three months ended July 31, 2021;
• The number of items sold increased 8.1% compared to July, 2021 and 5.5% compared to June, 2022;
• The average number of transactions per store increased 5.4% compared to July, 2021 and increased 4.9% compared to June, 2022;
• A dollar weighted average of the top 500 items purchased in July showed the average price increasing 2.9% year over year.

“NRS same-store sales data for July 2022 reflect robust spending increases by urban consumers across product categories, as sales increased 9.2% compared to July 2021 and 6.5% compared to June,” said Silliman. “Our retailers fared very well during 2021 despite the ongoing challenges of the COVID-19 pandemic, and this year’s sales to date reflect sustained, robust increases in consumer spending. The data further suggest that inflationary price increases for everyday sundries, beverages and foodstuffs at our stores are, to date, more moderate than the Commerce Department’s, broad-market, headline retail inflation rates.”

Same-store data comparisons of July 2022 with July 2021 are derived from analysis of approximately 50 million transactions processed through the 10,791 stores on the NRS network that scanned transactions in both July, 2022 and 2021. Same-store data comparisons of July 2022 data with June 2022 data are derived from analysis of approximately 83 million transactions processed through 15,502 stores. The table below provides historical comparative data based on trailing three-month moving averages compared to the same periods in the prior year:

About National Retail Solutions (NRS):

National Retail Solutions operates a point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers and bodega owners nationwide. Retailers utilize NRS offerings to process transactions and manage operations more effectively. Advertisers access the terminal’s digital display network to reach these retailers’ massive, predominantly urban customer bases. Consumer packaged goods (CPG) suppliers leverage the NRS platform to provision promotions, coupons and special offers to independent retailers. NRS is a subsidiary of IDT Corporation
(NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

NRS Data Contact:
Suzy Silliman
SVP, Data Strategy and Sales at NRS
National Retail Solutions
suzy.silliman@nrsplus.com

IDT Corporation Contact:
Bill Ulrey
(973) 438-3034
william.ulrey@idt.net

# # #

Attachment

• National Retail Solutions

Agreement brings net2phone’s cloud communications
offerings to the UPSTACK Platform

Newark, NJ, July 19, 2022 — net2phone, a leading cloud communications provider, today announced a strategic partnership with UPSTACK, the fast-growing platform that transforms the way businesses design and select digital infrastructure solutions.

The partnership enables UPSTACK’s extensive network of expert advisors to offer net2phone’s cloud communication solutions to clients through UPSTACK’s industry-transforming platform, trusted client relationships, and advanced technology.

“Through this partnership, we will collaborate with UPSTACK’s highly regarded technology experts and advisors enabling their clients to leverage the power of the cloud for smarter conversations,” said Jonah Fink, President of net2phone. “This agreement reflects net2phone’s singular commitment to our channel partners’ success through a comprehensive partners’ program including industry-leading incentives, flexible pricing, and white-glove on-boarding.”

“We’re excited to partner with net2phone, a leader in VoIP and unified communications services,” said Danielle De Costa, Vice President of Supplier and Sales Enablement for UPSTACK. “Their solution set is ideal for enabling next-generation workforce models for businesses of all sizes.”

net2phone’s cloud communications solutions include advanced feature sets and robust integrations with popular applications including Microsoft Teams, Salesforce, Slack and Zoho.

Forward Looking Statements:

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

About net2phone:

net2phone’s cloud communications and contact center solutions help businesses around the globe succeed through smarter conversations. net2phone is a subsidiary of IDT Corporation (NYSE: IDT). To learn more, please visit net2phone.com or connect on LinkedIn.

About UPSTACK:

Launched in 2017 in New York, N.Y., UPSTACK is transforming the way digital infrastructure is sourced and sold. Through a powerful combination of the industry’s leading advisors, advanced technology, and dedicated customer support resources-UPSTACK uses actionable business intelligence to architect and source customized technology solutions for businesses of all sizes. With UPSTACK, business buyers streamline IT procurement by tapping into a single source for mission-critical technology services from hundreds of proven providers, along with the professional guidance to identify and evaluate the best solutions. UPSTACK’s service portfolio includes colocation and data center, network connectivity, SD-WAN, unified communications, cloud contact center, private and public cloud, security, mobile, business continuity and IoT. For more information, visit us at upstack.com.

net2phone Media Contact:
Denise D’Arienzo
VP of Marketing & Sales Operations
Email: denise.darienzo@net2phone.com

# # #

Newark, NJ, June 30, 2022 — net2phone, a leading communications-as-a-service provider, today announced that its unified communications service has been recognized as one of the 10 Most Promising Unified Communication Solutions in 2022 by CIOReview, a leading publication for business technology leaders.

“net2phone has been selected as a Top 10 Unified Communications Solution in 2022, based on the input of our subscribers and a comprehensive, multi-layered selection process,” said Justin Smith, Managing Editor of CIOReview. “net2phone consistently impressed our subscribers with the quality of its offerings in the unified communications space. Our winners demonstrated an exceptional commitment to developing and adapting communications solutions to meet and exceed the expectations of some of the industry’s most sophisticated and knowledgeable technology consumers.”

CIOReview guides enterprises through the continuously evolving business environment with information about solutions and services, and serves as a knowledge source as well as a platform for technology buyers, experts and decision-makers to share their valuable insights about new solutions and marketplace trends.

“Working closely with our channel partners, net2phone is performing exceptionally well in addressing the unique requirements of mid-sized businesses and small enterprise customers,” said Jonah Fink, president of net2phone. “Our omni-channel unified communication solutions leverage the power of the cloud to enhance communication and collaboration while enabling employees and management to move frictionlessly between the office, road, and home. We are extremely gratified that CIOReview and its tech-savvy subscribers recognize the exceptional value we deliver.”

net2phone connects businesses with voice, video, chat, text, and integrations that scale as businesses grow, all from within the cloud. net2phone’s reporting and analytics deliver additional insights to drive smarter conversations while streamlining operational processes.

“Businesses increasingly demand the flexibility to support today’s workforces that only cloud communications can provide,” added Fink. “net2phone manages the transition from traditional on-premise PBX to the cloud to help organizations design and implement flexible solutions perfectly suited for dynamic work environments.”

To learn more about putting net2phone to work for your business, visit net2phone.com or email sales@net2phone.com.

About net2phone:

net2phone’s cloud communications solutions help businesses around the globe succeed through smarter conversations. net2phone is a subsidiary of IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications and traditional communications services. To learn more, please visit net2phone.com or connect with us on LinkedIn. Channel partner contact: partner@net2phone.com. Customer contact: sales@net2phone.com.

Media Contact:
Denise D’Arienzo
VP of Marketing & Sales Operations
Email: denise.darienzo@net2phone.com

# # #