eBay Inc., Skype, Inc., Skype Technologies SA, Skype Communications,
      S.A.R.L., IDT Corporation, Net2Phone, Inc., IDT Telecom, Inc., and Union
      Telecard Alliance, LLC, have settled all outstanding disputes among the
      parties, including two patent infringement lawsuits pending in the
      United States District Court for the Western District of Arkansas.
    
      Financial and further terms of the settlement are confidential and were
      not disclosed.
    
About Skype:
      Skype is software that enables the world’s conversations. Millions of
      individuals and businesses use Skype to make free video and voice calls,
      send instant messages and share files with other Skype users. Everyday,
      people everywhere also use Skype to make low-cost calls to landlines and
      mobiles. Download Skype to your computer or mobile phone at skype.com.
    
About eBay:
      Founded in 1995 in San Jose, Calif., eBay Inc. (EBAY) connects millions
      of buyers and sellers globally on a daily basis through eBay, the
      world’s largest online marketplace, and PayPal, which enables
      individuals and businesses to securely, easily and quickly send and
      receive online payments. We also reach millions through specialized
      marketplaces such as StubHub, the world’s largest ticket marketplace,
      and eBay Classifieds sites, which together have a presence in more than
      1,000 cities around the world. For more information about the company
      and our global portfolio of online brands, visit www.ebayinc.com.
    
About IDT Corporation:
IDT
      Corporation (www.idt.net)
      is a consumer services company with operations primarily in the
      telecommunications and energy industries. 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.
    
      Media Relations:
eBay Inc.
Kathy Chui, 408-218-9257
katchui@ebay.com
or
IDT
      Corporation
Bill Ulrey, 973-438-3838
invest@idt.net