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IDT’s TúYo Mobile Celebrates Hispanic Heritage Month by Slashing International Rates; Mexico FREE! Peru and Brazil 1 cent, Venezuela, Chile, Colombia, Argentina, Honduras 1.5 cents Plus Domestic Airtime When Calling From a TúYo Mobile Phone

Newark, NJ – October 4, 2006 – To celebrate Hispanic Heritage Month, TúYo Mobile is slashing international rates to Latin America. Through October 31, 2006, international rates from the U.S. to Mexico are free. International rates to Peru and Brazil are just 1 cent per minute, and Venezuela, Chile, Colombia, Argentina and Honduras are 1.5 cents per minute. Domestic airtime charges from 10 cents a minute apply to all international calls. Calls must be made from a TúYo Mobile phone. A connection fee of 10 cents a call also applies. Additionally, low rates are available to other Latin American destinations. TúYo Mobile is IDT Telecom’s prepaid wireless service designed to meet the mobile calling needs of U.S. Hispanics. IDT Telecom is a subsidiary of IDT Corporation (NYSE:IDT, IDT.C), an international telecom and technology company.

“IDT has a proud history of providing the Hispanic community and other immigrant groups with high quality, low cost communications products,” said Jim Courter, IDT’s CEO. “We’re continuing that tradition with TúYo Mobile, IDT’s prepaid wireless service that makes it affordable to call Latin America and other international destinations.”

TúYo Mobile provides many features and services that are important to Hispanic consumers, including; direct international dialing, low rates to Latin America, state-of-the-art handsets, a fully bilingual customer experience, and country specific alerts featuring breaking news, sports, politics, and horoscopes. During Hispanic Heritage Month consumers can choose to receive free Spanish-language, text message news alerts from the Latin American country of their choice.

TúYo Mobile products and service are currently available at thousands of retail locations throughout the U.S. Customers can also purchase  TúYo Mobile on the web at Recently, TúYo Mobile signed a distribution agreement with SAM’s CLUB a subsidiary of WalMart Corp. TúYo Mobile phones are now available in 22 SAM’s CLUB stores in Florida, Illinois, New Jersey, Nevada, and Texas.

About TúYo Mobile:

TúYo Mobile is a prepaid cellular service that does not require a contract or a credit check and has no hidden charges. TúYo Mobile is geared towards the U.S. Latino market; offering its customers a completely bilingual experience, direct international dialing, low rates to Latin America and culturally relevant content.  The TúYo Mobile brand name comes from a combination of the Spanish words “tú” (you) and “yo” (I or me). Together they form the word “TúYo” (yours). The brand’s marketing campaigns include TV, radio, print, outdoor advertising and community events focused on Spanish-speaking consumers. TúYo Mobile offers Latino consumers high-quality GSM handsets and a suite of international voice and data features at affordable prices. TúYo Mobile is sold at authorized stores in California, Illinois, Louisiana, Tennessee, Texas, New York, New Jersey, Connecticut, Florida, Washington, DC, Pennsylvania, and Maryland.

About IDT:

IDT Corporation is an innovative and opportunistic multinational holding company with operations that span various industries.  Through its Telecom subsidiary, IDT provides telecommunications services worldwide to the retail and wholesale markets. IDT’s Capital division incubates newer businesses, and the company’s Spectrum subsidiary holds its spectrum license assets. IDT Telecom provides retail and wholesale telecommunications services and products, including pre-paid and rechargeable calling cards, consumer local, long distance, and wireless phone services, and wholesale carrier services. Through Net2Phone, the company also provides a range of voice over Internet protocol (VoIP) communications services.  IDT Capital’s operations include an Energy Services Company (ESCO) in New York State, ethnic food distribution, brochure distribution and other initiatives. 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.