NEW YORK, Oct. 13 /PRNewswire-FirstCall/ -- Newtek Business Services, Inc. (Nasdaq: NKBS) (www.newtekbusinessservices.com), a provider of business services and financial products to the small business market under the Newtek™ brand, today announced that Barry Sloane, Chairman and CEO will be interviewed live from the floor of The Money Show in San Francisco Monday, October 16th at 8:40am Pacific Daylight Time. Mr. Sloane will be interviewed by Stephen Crowley of The Money Channel on his nationally broadcasted show The American Scene.

The interview can be accessed live by going to http://www.moneychannel.tv/ at the scheduled time, and will be available on the site in archive thereafter.

About Newtek Business Services, Inc.

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 - 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 70,000 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:  Business loans to start up, acquire, or expand a
      business



    * Electronic Payment Processing:  Credit card, debit card, check
      conversion, and ACH solutions



    * Insurance Services:  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 design and development
      services for a powerful web presence



    * Tax Preparation and Advisory Services:  Expert tax planning and
      consultation for your business



    * Data Backup, Storage and Retrieval:  Fast, secure, off-site data backup,
      storage and retrieval



    * Business Plan Preparation:  Professional business plan assistance
      providing a roadmap for success



    For more information, go to www.newtekbusinessservices.com.

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
    bsloane@newtekbusinessservices.com

SOURCE  Newtek Business Services, Inc.
    -0-                             10/13/2006
    /CONTACT:  Barry Sloane, Chairman of the Board & CEO, Newtek Business
Services, Inc., +1-212-356-9500, bsloane@newtekbusinessservices.com/
    /Web site:  http://www.newtekbusinessservices.com /
    (NKBS)



CO:  Newtek Business Services, Inc.
ST:  New York
IN:  FIN
SU:  PDT



DO
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7919 10/13/2006 10:00 EDT http://www.prnewswire.com