“The patents that are the subject of these lawsuits have been carefully and extensively re-examined by the US Patent and Trademark Office and the patentability of the claims has been confirmed,” Mr. Jonas noted.
About IDT Corporation
IDT Corporation (NYSE: IDT) through its IDT Telecom division, markets and distributes multiple communication and payment services. IDT Telecom’s Retail Communications, Hosted Solutions and Payment Services businesses allow people to communicate and share financial resources around the world while its Wholesale Termination Services business is a global leader in wholesale voice termination. For more information, visit www.idt.net.
ICTI is a communications technology licensing company, headquartered in Arlington, VA. ICTI’s patent portfolio includes 25 US and international patents. ICTI is a subsidiary of IDT Corporation (NYSE: IDT).
Vandana Koelsch, 202-480-5075
Bill Ulrey, 973-438-3838