Newark, NJ – August 13, 2007 – Net2Phone is offering customers of other VoIP providers an attractive solution to ensure continuity of service. After recent events in the VoIP industry, customers of other VoIP services may be questioning the long term viability of their providers.    Net2Phone, a VoIP provider since 1996, will migrate qualifying customers from a competing VoIP service to Net2Phone’s VoiceLine service and provide three months of free calling. Service after the promotional period will be just $19.95/month. Net2Phone is a subsidiary of IDT Corporation (NYSE: IDT, IDT.C).

Customers will have the option to migrate their current number and will be provided with a free telephone adapter upon request.

Net2Phone VoiceLine service provides unlimited local and long distance calling to the US, Canada and Puerto Rico. In addition, the VoiceLine service offers:

·        Popular calling features at no additional charge, including VoiceMail, Caller ID, Call Waiting, Speed Dial, and 3-Way Calling

·        Low international calling rates to over 250 locations

·        Phone Number Options – keep the existing number or get a new one

Many of VoiceLine’s calling features can be managed from a touch-tone phone or from an online customer portal. For additional terms and conditions, visit www.net2phone.com .

“We just witnessed over 200,000 VoIP customers being left stranded when SunRocket closed their doors. Other VoIP providers have experienced financial challenges as well, and customers may be concerned about their long term viability. We have been providing VoIP services for more than a decade. IDT pioneered the development of Voice over IP technology and established ourselves as a worldwide provider of VoIP services when we founded Net2Phone,” said Jim Courter, IDT’s CEO. “We want to maintain consumer confidence in VoIP technology. These customers expect high quality, low cost Internet calling, and Net2Phone is the company to provide it to them.”

VoIP customers should visit www.net2phone.com/3free to learn more about the terms of the offer and how to migrate their service.

About IDT

IDT Corporation is an innovative and opportunity seeking multinational 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. Under the Net2Phone brand name, 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, acquisition and collection of charged-off receivables, 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.