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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Yamakita who wrote (1978)2/12/1999 8:33:00 AM
From: j g cordes  Read Replies (2) of 30916
 
IDTC, a new killer application.. if you've ever been overseas and been ripped off on phone rates! Wow! We're going to see whole countries wanting to bill their calls through relatives in the US <g> Perhaps a litte overstatement but this is a very agressive initiative.

"Friday February 12, 3:01 am Eastern Time

Company Press Release

IDT Unveils New International
Pre-Paid Service

Debitalk Gives Calling Card Distributors and Callback Agents a New Way to
Market Callback

HACKENSACK, N.J.--(BUSINESS WIRE)--Feb. 12, 1999--IDT Corporation
(NASDAQ:IDTC - news) 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. "

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