Newark, NJ-March 10, 2000-IDT Corp. (NASDAQ:IDTC) is pleased to announce that Admiral Bill Owens (US Navy retired) has been elected to the IDT Corporation's Board of Directors. Admiral Owens is currently Co-Chief Executive Officer and Vice Chairman of Teledesic LLC, which is building the first satellite communications network that will enable affordable, worldwide access to "fiber-like" telecommunications services such as broadband Internet access, videoconferencing and interactive media. IDT Corp. is a leading multinational carrier, telephone company and Internet Service Provider.

"We are thrilled to welcome Bill Owens to our Board of Directors," said Howard Jonas, IDT's Chairman and CEO. "His knowledge, vision and know-how of next-generation technologies will be a great asset to the company."

Prior to his post at Teledesic, Bill Owens was the President, Chief Operating Officer and Vice Chairman of Science Applications International Corporation (SAIC). Previously, Admiral Owens served as Vice Chairman of the United States Military's Joints Chiefs of Staff, the second highest-ranking military officer position in the country. He held this post from 1994 to 1996. Prior to that, he served as the Deputy Chief of Naval Operations for Resources, Warfare Requirements and Assessments, Commander of the United States Sixth Fleet and Senior Military Assistant to Secretaries of Defense Frank Carlucci and Dick Cheney.

"I am very excited to be with the IDT board at this stage of the company's development," said Bill Owens. "IDT is a young, entrepreneurial company, with a keen focus on technology, telecom, the Internet and the future."

Admiral Owens holds Board of Director positions with several other corporate, non-profit and governmental organizations, including the Carnegie Foundation, the Center for Excellence in Education, the Department of Defense - Defense Policy Board, Microvision, Polycom, Inc., Teledesic LLC and Viasat, Inc. Admiral Owens received his B.S. in Mathematics from the United States Naval Academy, ranking in the top 10 percent of his class. As a Rhodes Scholar, he later graduated with honors from Oxford University with a B.A. and M.A. in Politics, Philosophy and Economics. He also received an M.B.A from George Washington University, again graduating with honors.

"Bill Owens has had a highly distinguished Military career and now is making his mark as a business leader in technology," said Jim Courter, IDT's President. "The IDT board will benefit from Bill's sense of leadership, discipline, business and technological prowess."

Admiral Owens' appointment is a reaffirmation of IDT's commitment to excellence. On February 25th of this year, former Massachusetts Governor William Weld, New Jersey Institute of Technology President Saul Fenster and IDT Chief Financial Officer Stephen R. Brown were elected to the Board of Directors.

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 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.

For Investor Relations inquiries or to be added to or removed from the IR fax list contact:

Mary Jennings
IDT Investor Relations
(201) 928-2974