NEWARK, N.J. - February 15, 2000 - IDT Corporation (NASDAQ: IDTC) through Union Telecard Dominicana and the Coca Cola distributing company in the Dominican Republic today announced the launch of its Coca Cola prepaid calling card promotional campaign with a print and TV and Radio advertising blitz in the Dominican Republic. Union Telecard Dominicana is a prepaid calling card distribution company controlled by IDT, a leading multi national carrier, telephone company and Internet service provider.

As part of the promotion, the Coca Cola distributing company in the Dominican Republic in conjunction with Union Telecard Dominicana is distributing as many as five hundred thousand Coca Cola prepaid calling cards to people who buy Coca Cola products in the Dominican Republic. The prepaid calling cards are being offered at a discount or given free depending on what size Coca Cola product is purchased. IDT and All America Cables and Radio, Inc.(AACR), a Dominican Republic-based competitive long distance carrier will be handling the long distance telephone traffic.

With IDT and All America Cables and Radio as the long distance carriers and the extensive distribution networks of Coca Cola and Union Telecard on the marketing side, we have two very powerful combinations working together." said Alvaro Nadal, Executive Vice President of All America Cables and Radio of the Dominican Republic. Dominican Republic "These excellent alliances will help insure great marketing success.''

As part of the Dominican Republic business strategy, IDT and Union Telecard Dominicana produces and distributes Coca Cola's retail prepaid calling card through Union Telecard's distribution network in the Dominican Republic. The Coca Cola retail prepaid calling card is in addition, to the promotional card for Coca Cola that IDT's Union Telecard Dominicana is distributing through Coca Cola's distribution network in the Dominican Republic.

We are excited to be working with All America Cables and Radio and Coca Cola in the Dominican Republic, '' said Jim Courter, IDT's President. " This is a very significant business opportunity for both IDT and All America Cables and Radio, when you consider that about 85 percent of all international long distance calls made from the Dominican Republic are made to family and friends in the United States."

This is just the first step,'' added Jack Lerer, IDT's Senior Vice President of International Business Development, ``In the near future we expect to be signing similar agreements for producing and distributing prepaid calling cards with other Coca Cola distribution franchises throughout Latin America.''

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 it's 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.