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IDT Corporation Files Form 10-K

IDT Corporation (NYSE: IDT; IDT.C) filed its Form 10-K with the
Securities and Exchange Commission yesterday, October 14, 2008.

Form 10-K includes an annual report of IDT’s businesses, audited
financial statements for the 2008 fiscal year, a discussion by
management regarding financial results for the 2008 fiscal year, as well
as other items.

Copies of IDT’s Form 10-K can be requested through the Investor
Relations section of our website:,
under the Request Info
tab. IDT Corporation will be distributing the Form 10-K to its
stockholders free of charge in November 2008.

About IDT Corporation:

is a multinational holding company with subsidiaries spanning several
industries including: IDT Telecom,
which provides telecommunications services to consumers and businesses,
including prepaid and rechargeable calling cards, a range of voice over
Internet protocol (VoIP) communications services, wholesale carrier
services and local, long distance and wireless phone services; IDT
which operates an Energy Services Company (ESCO) in New York State; IDT
which manages receivables portfolios and performs debt
collection services; Zedge (,
which provides a web-based, worldwide destination for free,
user-generated mobile content distribution and sharing; American
Shale Oil Corporation (AMSO)
which manages IDT’s U.S. oil shale initiative, and IDT
, whose portfolio of companies includes IDT
CTM Media Group (,
and IDW Publishing (
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.

In this press release, all statements that are not purely about
historical facts, including, but not limited to, those with 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.
All forward-looking statements and
risk factors included in this document are made as of the date hereof,
based on information available to IDT as of the date thereof, and IDT
assumes no obligation to update any forward-looking statements or risk

IDT Corporation
Bill Ulrey, 973-438-3838