FOR IMMEDIATE RELEASE
crystaltech.com
877.323.4678

Phoenix, AZ, June 21, 2006 – CrystalTech Web Hosting Inc, a subsidiary of Newtek Business Services (NASDAQ: NEWT) and a leading provider of Windows and Linux based web hosting, announced the launch of a new low-priced Linux dedicated plan which is only $49.95 per month.

This economical, full-featured plan features a 1.8GHz processor, 512MB of RAM and 250 gigabytes of bandwidth each month. The server comes with a wide range of software preinstalled, including CentOS, Apache, PHP, MySQL and Webmin. Customers can use the included SSH interface to configure a strong Linux online presence by plugging in their favorite applications.

“To be able to get your own Linux dedicated server on a Grade ‘A’ network with top-notch service and 24/7/365 support for less than $50 dollars a month is a remarkable deal,” said Robert Cichon, CrystalTech’s Chief Operating Officer. “When it comes to offering enterprise-level hosting solutions that are well configured, loaded with features and reasonably priced, CrystalTech continues to set the bar high.”

More details regarding the Linux Dedicated $49.95/month plan can be found at http://www.crystaltech.com/dedicated-linux.aspx. This plan is available only while supplies last.

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.

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: U.S. 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.