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Two zero-fee transfers (up to $2,999*) on the BOSS Money and BOSS Revolution apps. Customers sending to Mexico on either app will receive five zero-fee transfers.* *Exclusions may apply ABOUT BOSS MONEY BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. and Canada to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options including cash pick-up, mobile money, in-country bank account, and debit card direct deposit. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps or through licensed Boss Money retailers. ABOUT IDT CORPORATION IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging. All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the

(up to $2,999*) on the BOSS Money and BOSS Revolution apps. Customers sending to Mexico on either app will receive five zero-fee transfers.**Exclusions may applyABOUT BOSS MONEYBOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. and Canada to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options including cash pick-up, mobile money, in-country bank account, and debit card direct deposit. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps or through licensed Boss Money retailers.ABOUT IDT CORPORATIONIDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to

BOSS Revolution platform, including Domestic Bill Payment and International Money Transfer Services. Now, BOSS Revolution customers can also send money directly to family and friends knowing that their funds will arrive securely and quickly to many countries in Latin America and expanding to over twenty African nations and key destinations in Asia including the Philippines, China and Vietnam. At the same time, we introduced our BOSS Revolution Calling App for smartphones and quickly became an award winning sensation among our customer base. 2014 Accounting for over 700 million minutes and 12 million transactions per month. Millions of customers, multiple selling platforms and thousands of retailers in 6 continents, there's no doubt what BOSS Revolution has become and where it is headed. A Profitable Business Model BOSS Revolution brings value and convenience to your retailers through our high-quality products and services, which drive consumer traffic, revenue and loyalty to your locations providing increased revenue opportunities. Fastest Growing, High Demand Products Aggressive Commissions & Base Residuals Cross Selling Opportunities No Inventory. No Overhead Increased Revenue Per User A Strong Brand BOSS Revolution offers our customers a broad range of telecommunications and payment service products to make it easy to stay in touch with loved ones back home. Offered in many countries around the globe, BOSS Revolution strives to offer our customers a convenient, inexpensive and quality experience every time they use our services. Brand Recognition & Loyalty Guaranteed IDT Brand & Quality Multi-Million Dollar Advertising Campaigns & POP Diverse Ethnic Demographic Reach Grassroots Activities IDT Technology IDT platforms have processed billions of transactions over 20 years. Our battle-proven, cutting edge technology offers state of the art solutions and applications on the BOSS Revolution platform to deliver high quality, low cost telecommunications and payment services for millions of customers around the globe. IDT

BOSS Money Says ‘Thank You’ with Zero-Fee Money Transfers for the Holidays BOSS Money, the remittance and payments brand of IDTCorporation (NYSE: IDT), today announced new holiday deals thatmake sending money to family and friends in Mexico and around theworld more affordable than ever before.“The holidays are all about sharing theblessings of the season,” said Michelle Rendo, VP Marketing forBOSS Money. “At BOSS Money, it’san especially joyous time with Zero-Fee transfers to our 48 populardestination countries, and with new payout options enablingrecipients to receive and use their cash more easily.”New BOSS Money customers cancelebrate the holiday with five Zero-Fee transfers to Mexico andtwo Zero-Fee transfers to all other Boss Money destinationcountries when sending from their debit card or bank account on theBOSS Money and BOSS RevolutionCalling apps.Existing BOSS Money customerswill receive a special BOSS Money Holiday PromoCode for two Zero-Fee transfers between December 20thand 25th.BOSS Money also announcedexpanded payout options, providing more ways to share the joy:Customers sending to the Dominican Republic, Guatemala,Honduras, Jamaica, and the Philippines can send cash directly totheir recipient’s bank-issued debit card;Customers sending to Mexico and Peru can now use theBOSS Money app to transfer cash to mobile wallets.In Mexico: Bankaya, Mercado Pago, Spin by Oxxo and Techreo. InPeru: Yape.“We are super-excited to support our customersduring the holidays,” said Bill Pereira, IDT’s Chief OperatingOfficer. “November was our busiest month ever, easily surpassingMother’s Day back in May, with continued strong growth in customersand transactions. We are grateful that our customers valueBOSS Money as the most affordable, reliable, andconvenient way to send money to family and friends across borders.This Zero-Fee program is our way to thank our current customers fora wonderful year and invite everyone who has not used BOSSMoney to save money while discovering the best way toshare the joy of the season.”ABOUT IDT CORPORATIONIDT Corporation (NYSE: IDT) is a global providerof fintech and communications solutions through a portfolio ofsynergistic businesses: National Retail Solutions (NRS),through its point-of-sale (POS) platform, enables independentretailers to operate more effectively while providing advertisersand marketers with unprecedented reach into underserved consumermarkets; BOSS Money facilitates innovative internationalremittances and fintech payments solutions; net2phone providesenterprises and organizations with intelligently integrated cloudcommunications and contact center services across channels anddevices; IDT Digital Payments and the BOSSRevolution calling service make sharing prepaid products andservices and speaking with friends and family around the worldconvenient and reliable; and, IDT Global and IDTExpress enable communications services to provision and manageinternational voice and SMS messaging.All statements above that are not purelyabout historical facts, including, but not limited to, those inwhich we use the words “believe,” “anticipate,” “expect,” “plan,”“intend,” “estimate,” “target” and similar expressions, areforward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. While theseforward-looking statements represent our current judgment of whatmay happen in the future, actual results may differ materially fromthe results expressed or implied by these statements due tonumerous important factors. Our filings with the SEC providedetailed information on such statements and risks and should beconsulted along with this release. To the extent permitted underapplicable law, IDT assumes