IDT Corporation Mourns Passing of Jack Kemp

IDT Corporation joins the Nation in mourning the passing of the Honorable Jack Kemp. Secretary Kemp was a former Board member of various IDT subsidiaries, and served as member of IDT Corporation’s Board of Directors from 2003 to 2006. Secretary Kemp was also a close personal friend of both IDT’s Chairman, Howard Jonas, and CEO, Jim Courter. Jack Kemp and Jim Courter served together as members of Congress.

"Howard Jonas and I join Jack’s many friends in expressing our heartfelt condolences to his wife, Joanne and their children,” said Jim Courter, IDT’s Vice Chairman and CEO. "Jack Kemp was a good man, a good friend, and a true patriot. I particularly admire Jack’s tenacious fight to expand economic opportunity for all Americans. Like Ronald Reagan, Jack realized that true economic and social opportunity for the disadvantaged depends on a dynamic and prosperous private sector. That understanding led him to fight tirelessly for lower taxes and limited government.”

About IDT Corporation:

IDT Corporation (www.idt.net) is a multinational holding company focused on the telecommunications and energy industries. 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.