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IDT Energy Contributes to American Red Cross Hurricane Sandy Recovery Effort

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NEWARK, N.J.--(BUSINESS WIRE)--

Geoff Rochwarger, CEO of IDT Energy, an independent provider of electricity and natural gas serving over 500,000 residential and small business customers in New York, New Jersey, Pennsylvania and Maryland, will contribute $50,000 to the New York chapter of the American Red Cross in support of the Hurricane Sandy relief effort. Mr. Rochwarger will present the initial $25,000 check to Robert Maruster, Chair of the American Red Cross Greater New York Region's Board of Directors, during the New York Red Cross's daily briefing at 5 PM today (520 West 49th Street in New York City).

About IDT Energy:

IDT Energy is one of the largest retail energy providers (REP) supplying electricity and natural gas to residential and small business customers in the Northeastern United States. IDT Energy is a subsidiary of Genie Energy Ltd (NYSE: GNE). For more information, visit www.idtenergy.com.

IDT Energy
Bill Ulrey, 973-438-3848
invest@genie.com

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