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IDT Phone Card News / IDT Telecom News
7Eleven Stores Offer IDT Telecoms LowerCost, ReChargeable Calling Cards for Domestic and International Calling

Date: 10/31/2007 11:28:07 PM

Newark, NJ, & Dallas, TX., October 4, 2005 This month, 7Eleven, Inc. (NYSE: SE) begins offering one of the lowest, flatperminute rates for 41 variations of domestic and international longdistance prepaid calling cards, including two that are rechargeable. IDT Telecom is the provider of these integrated, lowcost calling cards, which offer consumers the ability to obtain minutes quickly by charging and recharging the same swipeactivated card. IDT Telecom is a subsidiary of IDT Corporation, (NYSE IDT, IDT.C) an international telecom, entertainment and technology company.
Participating 7Eleven? stores will carry a rechargeable, cobranded IDT/7Eleven Universal domestic calling card selling in denominations of $5, $10 and $20, and a rechargeable, cobranded $5 calling card designated for calls to Mexico. An assortment of regional calling cards that are tailored to specific demographics with average rates of five cents a minute or less also will be available in all 7Eleven markets.

“IDT offers an extremely competitive rate on prepaid calling cards,” said Kevin Elliott, 7Eleven, Inc.’s vice president of merchandising. “These discounted cards provide added convenience for consumers along with fast loading, and recharging features and lower rates.

All of the domestic and international calling cards allow for phone calls anywhere. For example, the $5 rechargeable international calling card gives consumers approximately 90 minutes of talk time, offering a convenient, lowcost way to call friends and family in Mexico. The cards contain local access numbers and 1800 access numbers for long distance calling. Rates vary by country for international calling.

The prepaid cards, which are swipeactivated by the store sales associate through the pointofsale (POS) register, make it convenient for a customer to pay in a quick, simple transaction. The cards have a 12month expiration date from the time the card is first activated.

“Because of our extensive telecommunications network and our ability to connect calls virtually anywhere in the world, we can offer consumers great value,” said Jim Courter, IDT’s CEO. “The introduction of IDT Universal calling cards at 7Eleven’s 5,300 U.S. stores brings new meaning to the company’s slogan ‘Oh, Thank Heaven’. Just as 7Eleven stores are synonymous with convenience, IDT is well known for providing consumers with lowcost prepaid telecommunications products.”

About 7Eleven, Inc.
7 Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, Texas, 7Eleven, Inc. operates or franchises more than 5,800 7Eleven® stores in the United States and Canada and licenses more than 23,000 7Eleven stores in 17 other countries and U.S. territories. During 2004, 7Eleven stores worldwide generated total sales of approximately $41 billion. Find out more online at www.7Eleven.com.

About IDT
IDT Corporation, through its IDT Telecom subsidiary, is a facilitiesbased, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. IDT Telecom, by means of its own international telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance and domestic alldistance telephony and prepaid calling cards. IDT Entertainment is the IDT subsidiary focused on developing, acquiring, producing and distributing computergenerated and traditionally animated productions and other productions for the film, broadcast and directtoconsumer markets. IDT Capital is the IDT division principally responsible for the Companys initiatives in brochure distribution, retail energy and new technologies. Net2Phone, Inc., a subsidiary of IDT Corporation, is a provider of highquality 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.

In this press release, all statements 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 forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forwardlooking 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 numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10K (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 10Q and 8K. These factors include, but are not limited to, the following: potential declines in prices for our products and services our ability to maintain and grow our retail telecommunications services, particularly our prepaid calling card business availability of termination capacity financial stability of our customers our ability to maintain carrier agreements with foreign carriers effectiveness of our marketing and distribution efforts increased competition, particularly from regional bell operating companies our ability to manage our growth competitiveness of our Winstar subsidiary impact of government regulation our ability to obtain telecommunications products or services required for our products and services and general economic conditions, particularly in the telecommunications markets. We are under no obligation, and expressly disclaim any obligation, to update the forwardlooking statements in this press release, whether as a result of new information, future events or otherwise.

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Source: http://www.7eleven.com/newsroom/articles.asp?p2364


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