IDT Selects NexPrise Document Management, Program Management, and Process Management Solutions

January 5, 2005 - Carlsbad, CA
NexPrise, Inc. (OTC BB: NXPS.OB) today announced that IDT^TM has selected the NexPrise Document Management, Program Management, and Process Management solutions for deployment across all of the IDT global facilities.

IDT selected NexPrise's Document Management solution to reduce cycle times, lower costs, and ensure compliance with quality standards. The solution will be used by IDT to store, manage, and retrieve critical manufacturing documentation. The NexPrise solution will also automate the IDT review and approval processes and allow for automated audit trails and reporting.

IDT chose NexPrise's Program Management solution to help manage its product lifecycle management process. NexPrise will serve as the repository for all program information and will automatically track and manage action items and deliverables. IDT expects to speed product development cycles and lower costs with NexPrise's Program Management solution.

NexPrise's Process Management solution will be used by IDT to develop custom applications for processes such as Return Materials Authorization, Material Review Board, and Fab Change Notifications. IDT will use the NexPrise nProcess Platform Development Studios to quickly create the custom user interfaces and workflows necessary for applications that will eliminate inefficiencies and costs from the IDT operations.

About IDT
IDT is a global leader in preemptive semiconductor solutions that accelerate packet processing for advanced network services. IDT serves communications equipment vendors by applying its advanced hardware and software technologies to create flexible, highly integrated solutions that enhance the functionality and processing of network equipment. IDT accelerates intelligent packet processing with products such as switching solutions, network search engines (NSEs), programmable content inspection engines (CIEs), flow-control management (FCM) ICs and its family of InterpriseT integrated communications processors. The portfolio also comprises products optimized for communications applications, including telecom products, FIFOs, multi-ports, and timing solutions. In addition, the product mix includes high-performance digital logic and high-speed SRAMs to meet the requirements of leading communications companies.

Headquartered in Santa Clara, Calif., the company employs approximately 3,200 people worldwide and has a wafer manufacturing facility in Oregon, and test and assembly facilities in the Philippines and Malaysia. IDT stock is traded on the Nasdaq Stock Market® under the symbol "IDTI."

About NexPrise
NexPrise, Inc. is a leading provider of solutions for document management, program management, and process automation. It's customers include Lockheed Martin, Sikorsky, Textron, and GE Aerospace. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit www.NexPrise.com.

Safe Harbor Statement
This press release contains "forward-looking" statements about the products and services of NexPrise, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "which enables", "can enable", "allow" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, successful completion of the development process, risks and delays associated with the development process, unanticipated technological difficulties and resource constraints which may hinder development, customers' utilization of the NexPrise product, the extent of customers' existing inefficiencies and general applicability of the NexPrise product to the customer's needs. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.