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Net2Phone Lowers Prices on Residential Broadband Phone Service to Help Consumers in Tough Economic Times

VoiceLine now provides unlimited calling for just $19 a month with
no up-front fees

Net2Phone, the VoIP pioneer, is lowering prices on VoiceLine, its

flagship residential broadband phone service. Now for a flat rate of

just $19 a month, VoiceLine provides consumers with unlimited local and

long distance calling within the U.S., Canada and Puerto Rico, plus

caller ID, call waiting, voicemail and other popular calling features.

Consumers who make international calls can add unlimited calling to more

than 60 countries for an additional $15 a month with VoiceLines

Unlimited World option. Major destinations included in this feature are:

Argentina, Brazil, China, Japan, Ireland, Italy, Peru, Spain and the

United Kingdom.

Net2Phone is waiving all activation, equipment and shipping charges to

save consumers from having to pay any up-front fees. Many other VoIP

providers charge initial activation and shipping fees of $30 to $45.

In these tough economic times, consumers can

find significant savings by switching to broadband phone service, or

VoIP. Our $19 plan compares to a $55 to $65 a month comparable calling

plan offered by AT&T and Verizon, said

Liore Alroy, the new CEO of IDT Telecom. Thats

nearly a tank of gas a month in real savings.

Consumers looking to save with VoiceLine can request that Net2Phone

transfer their current phone number to VoiceLine at no additional charge.

Net2Phone has been providing reliable VoIP calling services since 1996.

Net2Phone is a subsidiary of IDT Corporation (NYSE: IDT).

For more information about and to switch to VoiceLine, please visit

About IDT Corporation:


Corporation is an innovative and opportunity seeking multinational

holding company with operations that span several industries. Through

its Telecom subsidiary, IDT provides telecommunications services

worldwide to the retail and wholesale markets. IDT Energy operates an

Energy Services Company (ESCO) in New York State. IDT subsidiary

American Shale Oil Corporation (AMSO) manages IDTs

oil shale ventures. 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 receivables

portfolio management and collection, brochure distribution, Internet

Mobile Group, Net2Phone Ventures 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.

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 factors.