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IDT’s Net2Phone and JABRA Corporation Ally To Distribute Complete Internet Telephony Solution

Partnership bundles IDT’s PC-to-phone Internet software with JABRA’s hands-free EarSet for low-cost international calling

Hackensack, NJ. and SAN DIEGO, CA - April 28, 1998 - IDT Corporation (NASDAQ: IDTC) and JABRA® Corporation announced today that IDT’s Net2Phone software will be bundled with the JABRA EarSet for PCs, which shall provide a complete solution for Internet telephony users. As a result, individuals and businesses alike can simultaneously enjoy the benefits of hands-free communications and the reduced rates of Internet calling. Net2Phone software initiates calls on a computer and then routes them over the Internet to any phone in the world. Since the signal is carried over the Internet until it reaches IDT’s U.S.-based phone switches, rates are not dependent upon the country of origin. As a result, users can pay as little as 10 cents a minute for calls to the United States from anywhere in the world. Having already routed more than 20 million minutes of Internet telephony calls averaging more than seven minutes per international call, IDT’s myriad of Internet telephony services have become a proven communications option for individuals and businesses worldwide. "For almost two years, Net2Phone has been enabling computer users worldwide with the ability to call regular telephones at extremely reduced costs, and this agreement with JABRA will help these computer users communicate more effectively," said Net2Phone Inc.’s CEO Clifford Sobel. "JABRA’s EarSets have become widely known throughout the industry as a user-friendly mechanism for employing multimedia applications on computers, and we look forward to integrating our services together and working towards improving Internet telephony both on a product and service level." Protected by five patents, the JABRA EarSet for PC combines the industry’s most sensitive unidirectional microphone and high-quality speaker in a single, miniature unit that fits comfortably in the outer ear. The EarGels, which are soft, colorful molds that provide a near-custom fit for the ear piece in the outer ear, allow for hours of comfortable use. The EarGel also channels sound directly into the user’s ear canal for private conversations and unmatched reception. And unlike traditional headsets, the fixed distance between the EarSet’s microphone and the speaker’s mouth ensures consistent transmission quality no matter how one moves. "Working together, IDT and JABRA are perfectly positioned to address the exploding Internet telephony market," said Vicki Marion, President and CEO for JABRA Corporation. "Net2Phone, used with the JABRA EarSet, will be the ideal choice for computer users that want to capitalize on the dramatic savings that Internet calling affords, while enjoying the benefits of crisp, clear, hands-free communication." The demand for a comfortable, stylish and private Internet telephony hands-free accessory is growing: IDC predicts 16 million Internet telephony users by 1999. To meet this demand, the Net2Phone software will be bundled in JABRA’s retail product package, and will be distributed throughout North America, Latin America, Europe and Asia. The Internet telephony software is free for those purchasing the JABRA EarSet for PC. The bundled package will be available by the early summer of 1998.

IDT is a leading emerging multinational carrier that combines its position as an international telecommunications operator, its experience as an Internet service provider and its leading position in Internet telephony to provide a broad range of telecommunications services to its wholesale and retail customers worldwide. The company provides its customers with integrated and competitively priced international and domestic long distance, Internet access and, through its Net2Phone product offerings, Internet telephony services. Headquartered in San Diego, California, JABRA Corporation is a leading provider of communications accessories enabling high-quality hands-free communications. JABRA’s patented product line, which includes JABRA EarSet for Cellular, JABRA EarSet for PC and JABRA EarSet for Macintosh, enables computer and mobile phone users to enhance their productivity safely and conveniently. Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet Telephony industry, IDT's ability to operate the services described on a large scale commercial level. For additional information regarding these and other risks associated with the Company's business refer to the Company's reports filed with the SEC.
 

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