ABC Television Network Orders IDT Entertainment's Masters of Science Fiction Series for 2006/2007 Broadcast Season; Series to Highlight Works from Acclaimed Science Fiction Authors

The ABC Television Network has picked up IDTEntertainment's drama series MASTERS OF SCIENCE FICTION, which willfeature works from some of the most well known authors of sciencefiction. Negotiations are underway to include works from Isaac Asimov(author of "I Robot" and "Nightfall"), Ray Bradbury ("The MartianChronicles," "Fahrenheit 451"), Harlan Ellison ("A Boy and His Dog,""Jeffty is Five"), and Robert Heinlein ("The Puppet Masters,""Stranger in a Strange Land"). IDT Entertainment, in association withIndustry Entertainment, will produce a minimum of six one-hourepisodes of the series. IDT Entertainment is a subsidiary of IDTCorporation (NYSE:IDT, IDT.C) an international telecom, entertainment,and technology company.

"We're delighted that MASTERS OF SCIENCE FICTION has found abroadcast home on ABC's primetime lineup," said John Hyde, COO of IDTEntertainment. "ABC is the perfect venue for these interpretations ofscience fiction's seminal literary voices."

"With IDT Entertainment and Industry bringing such high-endtalent, we're very excited about this anthology," said Quinn Taylor,ABC Senior Vice President, Movies and Miniseries. "We've been tryingto put together this kind of series because it has great potential tobecome appointment television."

Writer Michael Tolkin ("The Rapture," "The Player") will adapt anddirect one episode. Discussions are underway to feature such works as"The Discarded" by Harlan Ellison, "The Last Question" by IsaacAsimov, and for Ray Bradbury to adapt his own "Dark They Were, AndGolden-Eyed."

"We are excited by the response we're getting from the creativecommunity," says Industry Entertainment partner Keith Addis. "We arein advanced discussions with distinguished screenwriters and directorsto bring the works of these science fiction icons to a broad audiencein the most compelling and entertaining way."

Production on the series will begin this May in Vancouver. IDTEntertainment will handle worldwide sales and home entertainmentdistribution of MASTERS OF SCIENCE FICTION.

Morris Berger, Steve Brown and John Hyde are executive producersfor IDT Entertainment. Industry Entertainment's Keith Addis, BradMendelsohn, and Andrew Deane are executive producers and Ben Browningand Adam Goldworm are co-producers.

Industry Entertainment Partners, a leading talent management andproduction company, has produced award-winning films including sex,lies and videotape, Drugstore Cowboy, The Player, Requiem for a Dream,and Quills.

IDT Entertainment is a vertically integrated entertainment companythat develops, produces, and distributes proprietary and licensedentertainment content.

Important Note: In this press release, all statements that are notpurely about historical facts, including, but not limited to, thosewith the words "believe," "anticipate," "expect," "plan," "intend,""estimate, "target" and similar expressions, are forward-lookingstatements within the meaning of the Private Securities LitigationReform Act of 1995. While these forward-looking statements representIDT's current judgment of what may happen in the future, actualresults may differ materially from the results expressed or implied bythese statements due to numerous important factors, including, but notlimited to, those described in IDT's most recent report on SEC Form10-K (under the heading "Management's Discussion and Analysis ofFinancial Condition and Results of Operations"), which may be revisedor supplemented in subsequent reports on SEC Forms 10-Q and 8-K andother filings IDT may make with the SEC.