Phoenix, Arizona – (The Hosting News) – July 24, 2008 – CrystalTech Web Hosting, subsidiary of Newtek Business Services and a provider of Windows-based web hosting, will offer plans powered by Microsoft’s Hyper-V, the latest virtualization platform.

The new product will be offered 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.

Robert Cichon, President and Chief Operating Officer of Newtek Technology Services noted, ”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. 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.”

Mr. Cichon remarked, ”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.”

As 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.

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 Business Services, Inc. is a direct distributor to the small to medium-sized business market under the Newtek brand. According to the SBA, there are over 25.8 million small businesses in the United States, which in total represent 99.7% of all employer firms, generate 60 to 80% of all new jobs annually and create more than 50% of non-farm private 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 75,000 customers with access to financial, management and technological resources that enable them to better grow and compete in the marketplace. Newtek’s products and services include:

• Electronic Payment Processing:
  Electronic solutions to accept non-cash payments, including credit and debit cards, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs.
• Web Hosting:
  Full-service web host which offers shared and dedicated web hosting and related services including domain registration and online shopping cart tools.
• Business Lending: Broad array of lending products including SBA 7(a), conventional commercial real estate and SBA 504 loans, business lines of credit, and business credit cards.
• Insurance Services:
  Commercial and personal lines of insurance, including health and employee benefits in all 50 states, working with over 40 insurance carriers.
• Web Design and Development: Customized web design and development services.
• Data Backup, Storage and Retrieval: Fast, secure, off-site data backup, storage and retrieval designed to meet the specific regulatory and compliance needs of any business.
• Accounts Receivable Financing Receivable purchasing and financing services.
• Payroll:
  Complete payroll management and processing services.
• Outsourced Digital Bookkeeping:
  Bookkeeping and financial information management solutions.
• Tax Preparation and Advisory Services: Expert tax planning and consultation for your business
• Business Plan Preparation: Professional business plan assistance providing a roadmap for success

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 uses a data center that includes redundancy throughout core systems such as, 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., a provider of business services and financial products to small and medium-sized businesses. For more information about CrystalTech, please contact 877-323-4678.

To learn more about Newtek, please visit: www.newtekbusinessservices.com.

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

To learn more about CrystalTech, please visit: www.crystaltech.com.