CrystalTech Announces Availability of ColdFusion MX 7.0 Web Hosting

Phoenix, AZ, February 9, 2004 - CrystalTech Web Hosting Inc, a subsidiary of Newtek Business Services (NASDAQ: NKBS) and a leading provider of Windows-based web hosting, is proud to announce the launch of shared web hosting plans for ColdFusion MX 7.0.

CrystalTech is pleased to be one of the first in the web hosting industry to provide hosting plans for ColdFusion MX 7.0. The early launch of these new plans is a natural progression of CrystatTech's close partnership with Macromedia and an offshoot of being one of a few select web hosts chosen to participate in the beta testing of CFMX 7.0, previously referred to as "Blackstone," and to offer shared hosting plans for use during the beta testing.  

With a ColdFusion MX 7.0 infrastructure already in place and CrystalTech's renowned support readily available, the web host was able to offer these plans with a short turnaround, just days after Macromedia's official launch of CFMX 7.0. "With the launch of CFMX 7.0 hosting, CrystalTech has once again displayed its commitment to bring the newest technology to our existing customer base, as well as to new customers, quickly and affordably," said Tim Uzzanti, CEO of CrystalTech.

As one of the fastest and easiest ways to build and deploy powerful Internet applications, this new version of ColdFusion adds new functionality for developers including printable web content, rich forms, more flexible deployment options and integrated, structured business reporting. ColdFusion MX 7 also provides cost-effective and powerful innovations to interact with mobile phones using short message service (SMS) text messaging. From an administrative standpoint, the inclusion of an administrative API will help ease the automation of tasks directly with ColdFusion Admin and the enterprise manager allows for clustering and the creating of multiple instances of ColdFusion on a single server.

"We've long been well regarded within the ColdFusion developer community for providing secure and stable ColdFusion shared hosting," added Uzzanti. "We look forward to continuing this relationship and building on our already impeccable reputation as a highly reliable ColdFusion host with CFMX 7.0."

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: NKBS), 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 premier provider of business services and financial products to the small to medium-sized business market. Newtek's core brands include:
 
• Newtek Small Business Finance: small business and U.S. government-guaranteed lending services;
• Newtek Merchant Solutions: electronic merchant payment processing solutions;
• Newtek Insurance Agency: customized business insurance provided through Financial Keyosk;
• Newtek IT Services: complete information technology solutions;
• CrystalTech Web Hosting: comprehensive web site services for small and medium sized businesses;
• Newtek Financial Information Systems: outsourced digital bookkeeping; and
• Newtek Tax Services: tax filing, preparation and advisory services.

About Macromedia
Experience matters. Macromedia is motivated by the belief that great experiences build great businesses. Our software empowers millions of business users, developers, and designers to create and deliver effective, compelling, and memorable experiences - on the Internet, on fixed media, on wireless, and on digital devices.