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Technology Stocks : IDT-Corp (IDTC) - a new era
IDT 50.66-0.1%Oct 31 9:30 AM EST

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To: Secret_Agent_Man who wrote ()2/12/1999 6:59:00 AM
From: Secret_Agent_Man   of 66
 
IDT Unveils New International Pre-Paid Service;Debitalk Gives Calling Card Distributors and Callback Agents a New Wayto Market Callback

February 12, 1999 03:01 AM
HACKENSACK, N.J.--(BUSINESS WIRE)--Feb. 12, 1999--IDT Corporation IDTC today launched a new pre-paid phone card specifically designed for the international marketplace. The product, called Debitalk, is the Company's first pre-paid callback phone card.

Debitalk allows people around the world to bypass the high costs of placing international calls from countries outside of the U.S. Callback gives the caller the ability to make the international call as if he/she was calling from the U.S.; thus the lower rates apply.

As a leader in pre-paid calling card distribution, IDT currently markets 30 different cards designed to meet the needs and requirements of various ethnic communities and different geographic locales in the U.S. IDT has combined its experience in the domestic pre-paid calling card market and its vanguard position in the callback industry to rapidly penetrate and expand the international segment of the pre-paid calling card sector.

"We are excited to provide our agents and resellers with the services they need to place low cost phone calls conveniently from anywhere in the world," said Ami Reschke, Director of International Business Development for IDT Callback. "IDT offers consumers unique flexibility now that we have integrated our callback technology with our pre-paid debit platform to create a hybrid calling card product."

Debitalk allows users to place phone calls from anywhere in the world using a touch-tone telephone with a pre-programmed callback number. Users dial their access (trigger) number, let it ring once, hang up, wait for the ring back, listen to their real-time account balance, and dial their destination number. No credit cards, invoices, or bad debt are associated with Debitalk since everything is pre-paid.

Previously, callback users had to pay for accounts using credit cards in U.S. dollars. With Debitalk, users will be able to pre-pay in their own currency through direct distributors around the world. IDT is working closely with its current phone card distributors and worldwide callback agents to bring Debitalk to markets around the world. For more information about Debitalk or to become a licensed Debitalk distributor, please call 201-928-2977 or callback@corp.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.
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