Newtek Business Services Inc unveils Newtek Web Hosting

Internet Business News, March 9, 2006

INTERNET BUSINESS NEWS-(C)1995-2006 M2 COMMUNICATIONS LTD

Newtek Business Services Inc (Nasdaq: NKBS), a provider of business services and financial products, introduced on Wednesday (8 March) a new branded product, Newtek Web Hosting.

Newtek Web Hosting is being powered by CrystalTech Web Hosting Inc, a Microsoft Windows based web hosting company. CrystalTech was acquired by Newtek Business Services in 2004.

Newtek Web Hosting will offer all of CrystalTech's products, including its new Linux based product. CrystalTech will continue to market and position itself within its own distribution and client channels.

The new offering will enhance Newtek's distribution growth and presence in the web hosting and small to medium-sized business markets. Besides, this will leverage Newtek's strong position with credit unions, investment banks, banks, trade associations and other alliance partners, the company said.

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