Newark, NJ - February 25, 2000 - IDT Corp. (NASDAQ:IDTC) is pleased to announce that former Massachusetts Governor William Weld, New Jersey Institute of Technology (NJIT) President Saul Fenster and IDT Chief Financial Officer, Stephen Brown have been elected to the IDT Board of Directors. IDT Corp. is a leading multinational carrier, telephone company, and Internet Service Provider.

"We are delighted to welcome three outstanding individuals to the Board of Directors," said Jim Courter, IDT President and Vice Chairman. "IDT prides itself on the high caliber and involvement of its Directors. These new members will be great assets to our board."

In addition to being the former two-term Governor of Massachusetts, Mr. Weld is currently the partner-in -charge at the New York offices of the international law firm McDermott, Will and Emery. The firm has 850 attorneys in 12 offices worldwide. Mr. Weld is a summa cum laude graduate of Harvard and a cum laude Harvard Law School and holds a Diploma in International Economics from Oxford University.

"Governor Weld has proven himself, as a leader, a businessman, and a venture capitalist. During his tenure as Massachusetts Governor, he helped create the favorable business climate that earned the State the reputation as the Silicon Valley of the Northeast." Said Howard Jonas, IDT Chairman and CEO. "It is truly an honor to have Bill Weld on our board."

"I am eager and enthusiastic to work with IDT," added Weld. "Clearly, I share a common vision with IDT as to the potential as well as to the responsibility of technology in today's society."

Newly elected Director Dr. Saul K. Fenster is President of the prestigious New Jersey Institute of Technology. Dr. Fenster is by profession a mechanical engineer, who has served as Senior Research Engineer with the Sperry Rand Corporation. In his more than two decades at NJIT, Dr. Fenster pioneered the creation of the universally admired "business enterprise development centers," where new businesses are conceived and incubated at the University as part of the curriculum.

"I've had the privilege of knowing Saul Fenster for more than 25 years," added Jim Courter . "Saul is a true visionary. He has an uncommon understanding of the direction and potential of technology and the information revolution."

"I'm excited to serve on the IDT board," said Dr. Saul Fenster. "As President of a public research university located in New Jersey, I look forward to creating a cooperative relationship that will benefit both NJIT and IDT."

Also elected to the IDT board is Stephen B. Brown, who has served as Chief Financial Officer of IDT since May, 1995.

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.