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 IDT's GlobalCall Card Chosen by Better Homes and Gardens Vacations as Exclusive Promotional Phone Card

 

NEWARK, N.J. - (BUSINESS WIRE) - February 10, 2000 - IDT Corporation (NASDAQ:IDTC - news) is pleased to announce that Better Homes and Gardens Vacations has selected IDT's GlobalCall prepaid calling card as a service provider for its new travel and tourism business.

IDT is a leading multinational carrier and telecommunications company. Better Homes and Gardens Vacations is a joint venture between Global Vacation Group and publisher Meredith Corporation.

"IDT is excited and proud to be a service provider for Better Homes and Gardens Vacations, said Jim Courter, IDT President and Vice Chairman. "The Better Homes and Gardens brand is synonymous with fine quality and outstanding value.

The IDT GlobalCall phone card lets people call for up to a 90 % savings from anywhere in the world 24 hours a day, 7 days a week using any touch tone telephone. It's price and portability make it the must have phone card for travelers. And when used to make a domestic long distance call, the rate is an incredibly low 6.9 cents per minute.

"Our goal is to give people exciting, yet affordable vacations," said Bob Mate, Meredith Corporation's Vice President and Publishing Director, "and IDT's GlobalCall card is a great value, allows travelers to bypass high hotel telephone rates and not worry about carrying around a cell phone."

"Vacationers aren't the only ones who can benefit from the IDT GlobalCall card, it's also great for business travelers," added Keith Mendelson, Vice President of IDT's domestic Telecom Division, "since, the GlobalCall card offers enhanced services like VoiceMail and FaxMail. These services are available at the same low rates 24 hours, 7 days a week."

IDT's GlobalCall prepaid calling card will be the exclusive phone card offered in Better Homes and Gardens Vacations promotional campaign. As part of the promotion, Better Homes and Gardens Vacations will give a 60 minute IDT GlobalCall phone card to everyone who purchases a vacation package from Better Homes and Gardens Vacations. In addition, the Better Homes and Gardens Vacations promotion will include the IDT GlobalCall calling card logo on a 200-thousand piece direct mail campaign and will also be part of a 4-page magazine insert to be included in 5 Meredith publications from January through March, 2000. The magazine titles include Better Homes and Gardens, Midwest Living, Ladies Home Journal, Traditional Home and Golf For Women.

IDT GlobalCall calling card will be the only prepaid phone card featured on the Better Homes and Gardens Vacations website at www.bhgvacations.com

For more information about the GlobalCall prepaid calling card, consumers can call 1(800) 346-6664 or visit www.global-call.net.

IDT is a leading multinational carrier that combines its position as an international telecommunications operator with its experience as an Internet service provider to provide a broad range of telecommunications services to its wholesale and retail customers worldwide.

Through its own national telecommunications backbone and network infrastructure IDT provides its customers with integrated and competitively priced international and domestic long distance, pre-paid calling cards, Internet access and Digital Subscriber Line (DSL) service.


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. These statements refer to our plans to implement our growth strategy, improve our financial performance, expand our infrastructure, develop new products and services, expand our customer base and enter international markets. The forward looking statements also include our expectations concerning factors affecting the markets for our products, including the demand for long distance telecommunications, and Internet access services. These forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results that we anticipate. These risks and uncertainties include, but are not limited to, those risks discussed in this release. In addition to the factors specifically noted in the forward looking statements, other important factors that could result in those differences include (a) general economic conditions in the telecommunications and Internet markets, including inflation, recession, interest rates, and other economic factors; (b) casualty to or other disruption of our facilities and operations; and (c) other factors that generally affect the business of telecommunications, Internet and other communications companies. We assume no obligation to update these forward looking statements or to update the reasons actual results could differ materially from the results anticipated in the forward looking statements.

Pamela Faatz
IDT Public Relations
201/530-4596

Rubenstein Associates, Inc.
Philip Nourie
212-843-8266

 

 

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