IDT Selects tel(x) as its New York Interconnection Facility To Reduce Local Loop Charges and Increase Service, Quality and Choice NEW YORK, June 7 /PRNewswire-FirstCall/ -- IDT, a leading provider of wholesale and retail telecommunications services, is pleased to announce that it has extended its network footprint to tel(x)'s core interconnection facility at 60 Hudson Street in New York. "We are pleased to welcome IDT to the tel(x) SuperNode(SM)," states Hunter Newby, Chief Strategy Officer of tel(x). "IDT's global network, with extensive service to the US, Europe and Latin America, makes IDT a competitive addition to our communications marketplace. Already, many of our existing customers have expressed interest in directly connecting to IDT's quality network to route their voice traffic worldwide. It's clear IDT will be an exciting addition to our marketplace, providing quality service and products to our existing customer base. Both IDT and tel(x) have similar business philosophies; both companies are determined to effectively improve the way people communicate together in the future." About IDT IDT is a leading provider of wholesale and retail telecommunications services, using its own network infrastructure to route calls worldwide. By introducing innovative products and services, creating global business alliances, improving on existing businesses, and developing new ones, IDT is changing and establishing how people will communicate with each other throughout this century. About tel(x) tel(x) operates the first and largest carrier-neutral interconnection facility located at 60 Hudson Street in New York and owns and operates the building and Meet Me Room of 56 Marietta Street in Atlanta. tel(x) provides network access to hundreds of network providers and enterprise customers within its 45,000 ft(2) of secure facilities in New York and within the 160,000 ft(2) of fully dedicated, secure carrier hotel in Atlanta. The single greatest benefit enjoyed by all tel(x) customers is the ability to participate in the world's largest marketplace for network interconnection services. Akin to a "seat on the exchange," tel(x) customers are free to buy and sell a wide range of their network services directly in a neutral environment, cross- marketing products and services to one another. tel(x) is a privately held company, headquartered at 17 State Street in New York City. DATASOURCE: IDT; tel(x) CONTACT: Jaymie Scotto, Director of Marketing of tel(x), +1-212-480-3300, or ; or Jose Branco, Senior Carrier Account Manager, New Business of IDT, +1-973-438-4671 (office), or +1-201-803-1094 (cell), or Web site: http://www.telx.com/ http://www.idt.net/

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