Educational Internet telephony seminars focusing on phone-to-phone
implementation to be hosted by Net2Phone

Hackensack, NJ – July 13, 1998 – In response to great demand, IDT
Corporation (NASDAQ: IDTC) today announced that it is launching a 30-city
world tour to show business leaders the advantages and features of employing and reselling Internet telephony services.
IDT’s Net2Phone executives and area business partners will share the
benefits of Internet telephony, and how potential resellers can implement a
broad range of IP telephony services, including phone-to-phone services. The all-day educational forums will include presentations, demonstrations and one-on-one meetings with consultants, enabling CIOs, CEOs, and other local leaders to evaluate business opportunities.

Participants will learn how Internet telephony can reduce the price of
international calls, lowering the cost of doing business internationally,
and enable integration of voice, data, fax, and video all on a single IP
line. The Company will also be hosting breakout sessions, which will discuss technical, security, regulatory marketing, and distribution issues.
The Company expects to attract a diverse crowd, ranging from the Fortune 500 company looking to move voice traffic over to IP -- to the SOHO user
interested in incorporating click-to-dial capabilities onto his home page.
IDT offers a variety of Internet telephony solutions, including PC-to-phone,
phone-to-phone, Web-to-phone, and fax-to-fax services, supporting both
single and multiple lines. IDT also provides voice-based E-Commerce
solutions.

The seminars are expected to begin September 1, and will cover Tokyo,
Beijing, Hong Kong, Rio, Sao Paulo, Caracas, Buenos Aires, San Jose, Mexico City, Panama City, Madrid, Barcelona, Lisbon, Milan, Paris, Zurich, Cairo, Amman, Qatar, London, Frankfurt, Munich, Rome, Amsterdam, Oslo, Miami, Kiev, Amsterdam, Athens, and Manila. Companies interested in attending the seminars or setting up one-on-one meetings can call 201-928-4433 to ensure availability.

"By organizing these seminars, we expect more businesses to begin utilizing the latest technology to compete in today’s global marketplace in a
cost-efficient manner," said IDT’s CEO Howard Jonas. "We’ve been approached by an inordinate number of companies looking to get into Internet telephony, and hope that we can introduce solutions on all levels."
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, pre-paid calling cards, Internet access and, through its Net2Phone product offerings, Internet telephony services including Net2Phone Direct
and Net2Fax.