Microsoft Windows web hosting specialist has the Hyper-V solution available on pre-order.

Phoenix, Arizona, July 23, 2008 – CrystalTech Web Hosting, a part of Newtek Technology Services, which is a Newtek Business Services, Inc. company (NASDAQ: NEWT), today announced that it will offer new virtual private server (VPS) plans powered by Microsoft’s latest virtualization platform, Hyper-V™, for pre-order in anticipation of the August 4, 2008 launch. CrystalTech is a leading provider of Microsoft Windows web hosting.

Hyper-V, a key feature of Microsoft Windows Server 2008, is a hypervisor-based technology that provides a scalable, reliable, and tightly integrated virtualization platform within the Microsoft Windows environment. Hyper-V powered VPS plans, which are now available for pre-order at CrystalTech starting at $99.95, will provide developers and businesses with operating system level control, like a dedicated server, including root access and the ability to install many common software packages and toolsets, without the overall costs and management responsibilities associated with a dedicated server.

“As one of the first web hosts to offer Microsoft Windows Server 2008 earlier this year, CrystalTech has had the opportunity to test Hyper-V in a dedicated environment for several months now,” said Robert Cichon, president and chief operating officer of Newtek Technology Services. “The fact that we are able to provide a VPS solution so quickly after Hyper-V was released to the market illustrates our commitment to offering the latest cutting-edge technologies to our customer base.”

“As a middle ground between shared and dedicated services, the appeal and demand for virtual private servers is growing among businesses and developers who require more control over their web environments, but don’t necessarily need the entire resources of a dedicated server,” added Cichon.

CrystalTech’s VPS solution, featuring Windows Server 2008 Standard, can be pre-ordered through the CrystalTech website, located at http://www.crystaltech.com/hyperv_prelaunch.aspx.

About Newtek Technology Services
A wholly owned subsidiary of Newtek Business Services, Inc. (NASDAQ: NEWT), Newtek Technology Services is a premier provider of web technology solutions to the small- to medium-sized business market, providing services to customers in over 100 countries, ranging from small businesses to Fortune 100 corporations.

Newtek’s Technology service lines include:
• CrystalTech Web Hosting, Inc.: An industry leading provider of Microsoft Windows web hosting since 1997, CrystalTech offers shared, dedicated, and VPS hosting plans, along with domain registrations, SSL certificates, and online shopping cart tools.
• Web Services: Customized web design and development services.
• Data Backup, Storage, and Retrieval: Fast, secure, off-site data backup, storage and retrieval solutions designed to meet the specific regulatory and compliance needs of any business.

For more information about Newtek Technology Services and CrystalTech, please contact 877-323-4678, or visit http://www.crystaltech.com.