Increase Your Potential with Newtek Business Services on MN1 NEW YORK, Aug. 15 /PRNewswire/ -- Barry Sloane, CEO of Newtek Business Services (NKBS), will be on Market News First (http://www.mn1.com/) for an exclusive interview with the MN1 radio team. The interview is set for Aug. 16, 2006, at 1:30 p.m. CDT. Newtek Business Services is a provider of business services and financial products to small and medium-sized businesses throughout the United States. The company's goal is to help business owners realize their potential by providing them with the essential tools needed to manage and grow their business. To listen, or participate in the live interview, log onto MN1.com August 16, 2006, at 1:30 p.m. CDT. About Newtek Business Services, Inc. Newtek Business Services, Inc. is a direct distributor of business services and financial products to the small to medium-sized business market. According to the SBA, there are over 23 million small businesses in the United States which in total represent 99.7% of all employers, generate 60 - 80 percent of all new jobs annually and generate more than 50% of non-farm 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 65,000 customers with access to financial, management and technological resources that enable them to better grow and compete in today's marketplace. Newtek's products and services include: Business Lending: U.S. government-guaranteed small business lending services Electronic Payment Processing: Electronic merchant payment processing solutions Insurance Products: Nationwide commercial and personal lines of insurance Outsourced Digital Bookkeeping: Bookkeeping and recordkeeping at a fraction of the cost of in-house staff Web Hosting: Full service web host including domain registration and online shopping cart tools Web Design and Development: Customized web development services for a powerful web presence Tax Preparation, Advisory and Services: Expert tax planning and consultation Data Storage: Fast, secure, off-site data backup, storage and retrieval Business Plan Preparation: Professional business plan assistance providing a roadmap for success About Market News First Market News First is an online market news provider which brings investors current news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE. Statements in this press release including statements regarding Newtek's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward- looking statements. Such risks and uncertainties include, among others, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. Risk factors, cautionary statements and other conditions which could cause Newtek's actual results to differ from management's current expectations are contained in Newtek's filings with the Securities and Exchange Commission and available through http://www.sec.gov/ Contacts: Newtek Business Services Barry Sloane Chairman of the Board & CEO 212-356-9500 DATASOURCE: Newtek Business Services, Inc. CONTACT: Barry Sloane, Chairman of the Board & CEO, Newtek Business Services, +1-212-356-9500, Web site: http://www.newtekbusinessservices.com/ http://www.mn1.com/

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