NEW YORK, Aug 30, 2004 (BUSINESS WIRE) -- Newtek Business Services, Inc. (NKBS) (www.newtekbusinessservices.com), a provider of business services and financial products to the small to medium-sized business market, today announced that Barry Sloane, Chairman and CEO, will be presenting at the Roth Capital Partners New York Conference on September 14 at 1:30 pm. The presentation can be accessed live by going to the website http://wsw.com/webcast/roth4/nkbs/ and filling out a short registration form. The presentation will be archived for 60 days on the Newtek Business Services homepage.

About the Roth Capital Partners New York Conference

This annual event is the largest in the nation for emerging growth companies. It provides a concentrated forum where Institutional Investors can meet the executives of growth companies hand picked by Roth Capital's research team. The conference will highlight approximately 225 companies from industry groups including Health Care/Life Sciences; Consumer Products; Defense & Industrial Technologies; Digital Media, IT & Entertainment; Broadband & Fiber Optics; Gaming; and Business and Banking/Financial Services.

This year, as a result of numerous client requests, Roth has extended the conference to three working days, including a Discovery Day, which will be hosted by RedChip Resources, LLC. For more information about the conference visit:

http://www.rothcp.com/Conf%20NY%20Web%20Site/Roth.htm?content=home.

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 Services: 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.


The statements in this release may contain forward-looking statements relating to such matters as anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's or CrystalTech's actual results to differ materially from the anticipated results expressed in the Company's forward looking statements such as intensified competition and/or operating problems and their impact on revenues and profit margins or additional factors as described in Newtek Business Services' 2003 annual report on Form 10-K and subsequently filed registration statements.

SOURCE: Newtek Business Services, Inc.

Newtek Business Services
Barry Sloane, 212-356-9500
bsloane@newtekbusinessservices.com
or
Aurelius Consulting Group, Inc.
Dave Gentry, 407-644-4256
dave@aurcg.com

For more information: