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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Shtirlitz who wrote (1769)2/2/1999 8:11:00 AM
From: j g cordes  Respond to of 30916
 
DIGITEC and IDT Sign Agreement
NEW YORK--(BUSINESS WIRE)--Feb. 2, 1999--DIGITEC
2000, Inc. (OTC/BB:DGTT) and IDT Corporation (NASDAQ:IDTC - news) announced today that they have amicably resolved all outstanding claims against each other and have entered into an
agreement to conduct business on an ongoing basis.

Under the terms of their agreement, all claims have been dismissed. IDT will initiate business with DIGITEC, which will be purchasing debit card services from IDT at preferential rates. Both companies expect thisto increase revenues and profits.