Thursday February 25, 8:32 am Eastern Time

Company Press Release

IDT Co-Brands Internet Portal

Online Navigation Becomes Easier Through Relationship with MySpace Online

HACKENSACK, N.J.--(BUSINESS WIRE)--Feb. 25, 1999--IDT Corp. (NASDAQ: IDTC - news) today announced that it has integrated a comprehensive personal Web service into its web site.

Through a relationship with The Pixel Company, IDT has co-branded a new portal called MySpace Online, a 3-D city designed to provide Internet users with a special tool to help simplify online navigation.

IDT's co-branded version of MySpace Online gives IDT Internet users a fun virtual landscape of the World Wide Web. MySpace Online offers users the opportunity to register for their own free Internet Apartment, providing users with their own ``home'' on the web with free e-mail, home page builder, address book, chat access and nearly two dozen other useful web tools.

The portal organizes more than 500 of the web's most useful sites into an easy-to-navigate graphic metaphor of an urban environment. Subject matter is divided into Districts (Business, Sports, Shopping), and then is further narrowed down by Blocks (Investing, Real Estate, etc.). On each particular block, users can ``reside'' in their apartments, read a customized online newspaper called The Daily, and play online games. Additionally, newsstands are located on every block, enabling access to online magazines and newspapers around the country. Those who are lost are able to conduct simultaneous searches using multiple search engines.

``MySpace Online will make using the Internet immensely easier and more enjoyable, which is exactly what we like to provide to our customers,'' said Mel Berliner, Director of IDT's Internet dial up division.

``We are very excited to be working with IDT,'' said Tom O'Rourke, President and CEO of The Pixel Company. ``IDT offers their customers unparalleled services and support and we believe that MySpace Online is the perfect addition to their rich suite of product offerings. Together, we enable consumers to experience the Internet in a whole, new amazing way.''

Users can download IDT's MySpace Online interface at www.idt.net.

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, Net2Fax, and Click2Talk. For more information about IDT's Internet telephony services, please visit www.net2phone.com.

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.

Contact:

     IDT Public Relations, Hackensack
     Sarah Hofstetter, 201/928-2882

     sarah@net2phone.com
     or
     IDT Investor Relations, Hackensack
     Janine Kutliroff, 201/928-4391
     janinek@corp.idt.net