CrystalTech Web Hosting Awarded SAS 70 TYPE 1 Certification

CrystalTech Web Hosting Inc., a subsidiary of Newtek Business Services, Inc., has been awarded Type 1 certification under Statement on Auditing Standards (SAS) No. 70. This is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants and represents that a service organization has been through an in-depth audit of their control activities, which included controls over information technology and related processes.

"This self-initiated audit process demonstrates CrystalTech's commitment to its customers as a reliable, transparent, secure web hosting service that is focused upon minimizing risk, increasing value, maintaining service availability and preserving client privacy and data security. A SAS 70 audit is the primary means by which a service provider can convey the effectiveness of its internal controls," commented C. J. Brunet, Executive Vice President - Strategic Planning and Marketing for Newtek Business Services, Inc. and CrystalTech.

This SAS 70 audit is just one element of Newtek's strategy to build a better business and demonstrates the Company's commitment to quality, continuous improvement, business transparency and risk management.

Founded in 1992, CrystalTech Web Hosting, Inc. (www.crystaltech.com) 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.