IDT Entertainment Names Janet Healy President of Animation Production.

NEWARK, N.J. -- IDT Entertainment is pleased to announce the appointment of Janet Healy as President of Animation Production. Recently, Ms. Healy served as Head of Digital Production for DreamWorks Animation and was a producer on the hit animated film "Shark Tale." IDT Entertainment is a subsidiary of IDT Corporation (NYSE:IDT, IDT.C), an international telecom, entertainment and technology company.

In her new post, Healy will oversee all budgets, staff and production schedules for all IDT Entertainment animation projects. In addition, she will be responsible for developing and implementing a strategic plan that will maximize the production effectiveness of all the IDT Entertainment animation studios.

"Janet Healy is among the leaders of the animation revolution reshaping the entertainment industry," said Jim Courter IDT's CEO. "She is the ideal person to organize and guide IDT's animation projects during an exciting period when we debut numerous television, film and DVD productions. Janet has high-level experience in both 2-D and 3-D animation and has worked closely with animation's top innovators and best companies."

As Head of Digital Production for DreamWorks Animation, Healy oversaw the digital and computer graphics process for "Spirit: Stallion of the Cimarron." Following the release of that film, she was instrumental in the transformation of DreamWorks' 2D animation facility in Glendale, CA into a state-of-the-art 3D animation studio.

Prior to joining DreamWorks in 1999, Healy worked for Walt Disney Feature Animation serving as Head of Digital Production. There she oversaw the computer graphics work on such major animated films as "Mulan," "Tarzan," "Fantasia 2000" and "Dinosaur." Additionally, she played a key role in setting up the Northside Digital Studio for Walt Disney Feature Animation.

Before becoming part of the Disney team, Healy was a key executive at George Lucas' effects company, Industrial Light & Magic (ILM), first serving as Co-Head of Production and later becoming ILM's Senior Visual Effects Producer. In that capacity, she oversaw the visual effects and animation on more than a dozen projects, including such digitally groundbreaking films as "Willow," "Terminator 2: Judgment Day," "Jurassic Park" and "Casper."

In the decade prior to her tenure at ILM, Healy worked on live action feature films with movie directors including Sam Peckinpah, Stanley Kramer and Hal Ashby. She also worked with Steven Spielberg on "Close Encounters of the Third Kind," and subsequently served as an associate producer on the film "1941."

IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. IDT Telecom, by means of its own national telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance and domestic all-distance telephony and calling cards. IDT Entertainment is the IDT subsidiary focused on developing, acquiring, producing and distributing computer-generated and traditionally animated productions and other productions for the film, broadcast and direct-to-consumer markets. IDT Capital is the IDT division principally responsible for the Company's initiatives in radio broadcasting, brochure distribution and new video technologies. Net2Phone, Inc., a subsidiary of IDT Corporation, is a leading provider of high-quality global retail Voice over IP services and offers a fully outsourced cable telephony service to cable operators, allowing cable operators to provide residential phone service to their subscribers.

IDT Corporation's Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C, respectively.

Important Note: In this press release, all statements that are not purely about historical facts, including, but not limited to, those include 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 IDT's 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 numerous important factors, including, but not limited to, those described in IDT's most recent report on SEC Form 10-K (under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations"), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K and other filings IDT may make with the SEC.