stic and international airtime top-up, direct to the consumer via online channels including the Boss Revolution consumer Website (www.bossrevolution.com) and mobile apps for iOS and Android. Net2Phone, the company's VoIP division, focuses on the channel marketplace by partnering with service providers, distributors, system integrators, telecom agents and master agents domestically and internationally. Telecommunications Network Infrastructure IDT Telecom operates a global network to provide an array of telecommunications and payment services to the company's customers worldwide using a combination of proprietary and third-party applications. Proprietary applications include call routing and rating, customer provisioning, call management, e-commerce sites, product Web pages, calling card features, and payment services features. The IDT Telecom core voice network utilizes VoIP and is interconnected, where needed, through gateways to time-division multiplexing, networks worldwide. The network includes data centers located in the United States, the United Kingdom and Hong Kong, which house equipment used for both its voice and payment services, with smaller points of presence in various other countries. It is monitored and operated on a continual basis by the company's network operations center in the United States. Consumer Phone Services segment This segment provides the company's bundled local/long distance phone service in 11 states, marketed under the brand name IDT America. Its bundled local/long distance service, offered predominantly to residential customers, includes unlimited local, regional toll and domestic long distance calling and popular calling features. The company also offers long distance service throughout the United States. All Other This segment includes the company's real estate holdings, and other smaller businesses. Disposition Zedge, Inc. (Zedge) In June 2016, the company completed the Zedge Spin-Off, which was a pro rata distribution of the common stock that it held in its subsidiary Zedge to its stockholders. At the time of its spin-off, Zedge’s principal business consisted of providing content platforms for mobile device personalization, including ringtones, wallpapers, home screen icons and notification sounds. Strategy The key elements of the company's strategy include expanding its national network of 35,000+ Boss Revolution retailers; building the Boss Revolution brand through direct to consumer marketing, promotions, and rewards programs; bringing new communications and payment services to the Boss Revolution platform and mobile app to create new sources of revenue; utilizing its direct and indirect sales force to deepen market penetration in certain foreign-born communities, focusing on geographies and ethnic communities where it has not traditionally been a leading provider; building on the early success of its Net2Phone brand's enterprise offerings, including Session Initiation Protocol, trunking and hosted private branch exchange, services; investing to expand its early-stage international money transfer business with a focus on increasing the number of originating agents in the United States and its direct to consumer efforts via mobile; and investing in its national retail solutions business. Intellectual Property The company owns approximately 100 trademark and service mark registrations and pending applications in the United States and at least 360 registrations and pending applications abroad. It protects its brands in the marketplace including the IDT, Boss Revolution and Net2Phone brands. IDT Corporation owns 12 issued patents and 5 patent applications in the United States and 14 patents issued abroad with 4 patent applications pending abroad. IDT Telecom: In addition, the company's Net2Phone subsidiary owns 29 issued patents and has 3 pending patent applications in the United States. Net2Phone has 5 foreign issued patents, and no patent applications pending abroad. Net2Phone owns approximately 15 trademark and service mark registrations and approximately 2 pending applications in the United States. Net2Phone owns approximately 115 tr
idt corp-class b (IDC2:Berlin)
520 Broad Street
Newark, NJ 07102
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