FOR IMMEDIATE RELEASE
crystaltech.com
877.323.4678

Phoenix, AZ, June 1, 2006 – CrystalTech Web Hosting Inc, a subsidiary of Newtek Business Services (NASDAQ: NEWT) and a leading provider of Windows based web hosting, announced the launch of a new sales promotion that provides customers two months of dedicated hosting service for free. Right now and until June 15th, customers that order a new Windows dedicated hosting plan and use the promotion code of JUNEDEAL will receive two months of free hosting with a waived setup when they prepay for the first three months.

Along with the ability to install any software, CrystalTech’s dedicated plans offer powerful hardware, sizeable amounts of bandwidth, Windows 2003 Standard, Microsoft IIS and multiple add-on options, allowing the server to grow in conjunction with a user’s needs. Customers also receive $600 worth of software absolutely free, including mail, statistics and FTP software with the purchase of a dedicated plan.

“With a variety of hardware configurations to choose from and a comprehensive pre-installed software package, we feel that our dedicated hosting plans provide a value unmatched throughout the hosting industry,” said Robert Cichon, CrystalTech’s Chief Operating Officer. “When you combine this promotion with CrystalTech’s competitive prices, you can have your own enterprise-level hosting solution with our renowned service and support at remarkable savings.”

More details regarding CrystalTech’s dedicated Windows plans and this promotion can be found at http://www.crystaltech.com/dedicated-windows.aspx?uid=202.

About CrystalTech
Founded in 1992, CrystalTech Web Hosting, Inc. is one of the largest Windows-based web hosting companies in the world, hosting customers in over 100 countries, ranging from small businesses to Fortune 100 corporations. CrystalTech is responsible for hundreds of millions of visits each day on the Internet and uses a state-of-the-art data center that includes redundancy throughout core systems like power, air conditioning, network connectivity, network transportation, as well as a secured environment for their network operations center. CrystalTech is a subsidiary of Newtek Business Services, Inc. (NASDAQ: NEWT), a premier provider of business services and financial products to small and medium-sized businesses. For more information about CrystalTech, please contact 877-323-4678 or visit http://www.crystaltech.com?uid=202.

The names of other products or companies mentioned, or the products or companies themselves, may be trademarks of their respective owners.

About Newtek Business Services, Inc.
Newtek Business Services, Inc. is a direct distributor of business services and financial products to the small to medium-sized business market. According to the SBA, there are over 23 million small businesses in the United States which in total represent 99.7% of all employers, generate 60 – 80 percent of all new jobs annually and generate more than 50% of non-farm GDP. Since 1999, Newtek has helped these business owners realize their potential by providing them with the essential tools needed to manage and grow their businesses. Newtek focuses on providing its 60,000 customers with access to financial, management and technological resources that enable them to better grow and compete in today’s marketplace. Newtek’s products and services include:

• Newtek Small Business Finance: government-guaranteed small business lending services;
• Newtek Merchant Solutions: electronic merchant payment processing solutions;
• Newtek Insurance Agency: commercial and personal insurance;
• Newtek Web Hosting: domain registration, hosting, web design and development;
• Newtek Data Storage Services: data backup, archival and retrieval services;
• Newtek Financial Information Systems: outsourced digital bookkeeping; and
• Newtek Tax Services: tax filing, preparation and advisory services.