NEWARK, NJ – December 23, 2015: IDT Corporation and Genie Energy Ltd.,
both headquartered in Newark, New Jersey, today presented hundreds of coats and
toys donated by their employees to the Goodwill Rescue Mission for distribution
to the city’s homeless and needy.
“On behalf of the five hundred employees of IDT and Genie
Energy here in Newark, we are pleased to present the Goodwill Rescue Mission
with the coats and toys donated by our employees during the holiday season,”
said IDT’s VP for Business Development, Elie Katz. “We appreciate the great work the Mission
does to feed and otherwise assist the hungry, homeless and hurting in Newark,
and thank the Mission for providing us with this opportunity to help. We are also grateful to Councilmember Luis A.
Quintana for arranging the donation.”
Michael Stein, CEO of Genie Retail Energy, said, “Newark has
been our home for many years. We all
feel a deep kinship with our neighbors.
We hope our gifts spread a happy, hopeful and empowering holiday
spirit.”
Reverend Don Hall, Director of Development for the Goodwill
Rescue Mission, accepted the gifts for the Mission.
The Goodwill Rescue Mission has been ministering in Newark to
those suffering in poverty, homelessness and dependencies since 1896.
About IDT Corporation:
IDT Corporation (NYSE: IDT), through its IDT Telecom division,
provides retail telecommunications and payment services to help immigrants and
the under-banked communicate and share resources around the world. IDT Telecom’s wholesale business is a leading
global carrier of international long distance calls. IDT also holds a majority interest in Zedge (www.zedge.net), developer of the popular
eponymous app for a mobile content discovery and acquisition. For more information on IDT, visit www.idt.net.
About Genie Energy Ltd.:
Genie Energy Ltd.
(NYSE: GNE, GNEPRA) is comprised of Genie Retail Energy (GRE) and Genie Oil and
Gas (GOGAS). GRE operates retail energy
provider, brokerage and marketing services.
GRE’s retail energy provider businesses market electricity and natural
gas to residential and small business customers primarily in the Eastern United
States. GOGAS is an oil and gas
exploration company including an exploratory drilling program in Northern
Israel. For more information, visit
www.genie.com.
Media Contact:
Bill Ulrey
Phone: (973) 438-3838
E-mail: invest@idt.net |