FOR IMMEDIATE RELEASE
crystaltech.com
877.323.4678

Phoenix, AZ, July 12, 2006 - CrystalTech Web Hosting Inc, a subsidiary of Newtek Business Services (NASDAQ: NEWT) and a leading provider of Windows-based web hosting, is pleased to announce the launch of a new Summer sales promotion that eliminates standard monthly hosting fees for customers until 2007.

As a part of its ‘Summer Spectacular’ sale, CrystalTech customers can order a new shared hosting plan and receive five months of hosting for free when they pre-pay for the first month and setup fee. This essentially means customers receive the rest of 2006 at no charge and may not have to pay for their hosting again until 2007.

“We’ve always strived here at CrystalTech to provide top-of-the line, feature-packed hosting plans that not only offer the utmost in service and support but provide the best value to our customers as well,” said Robert Cichon, CrystalTech’s Chief Operating Officer. “When you consider that this extraordinary promotion provides five free months of hosting, one the best hosting values in the industry just got even better. In addition, this is a great way for customers who are unfamiliar with the high levels of service we provide to try us out with relatively little to lose, but a whole lot to gain.”

Customers can take advantage of this sale on any new shared hosting plan priced $7.95/month and up by using the ‘SUMMER2006’ promotional option when ordering at CrystalTech’s website before July 31st. More details regarding terms and conditions of the ‘Summer Spectacular’ promotion can be found at http://www.crystaltech.com/landingros.aspx?uid=207.

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.