NEW YORK, May 22 /PRNewswire/ -- Newtek Business Services, Inc. (Nasdaq: NEWT) (http://www.newtekbusinessservices.com), a provider of business services and financial products to the small business market, announced today that Barry Sloane, CEO of Newtek Business Services, Inc. will be featured live on Market News First (http://www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for today, May 22, 2007 at 11:15am CDT. To watch this live interview please go to http://www.mn1.com.

About MN1.com

Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live IPTV web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.

Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.

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 78,000 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
    -- Payroll: Payroll management processing and employee tax filing

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

    For more information, go to http://www.newtekbusinessservices.com.



    Contacts:
    Newtek Business Services
    Barry Sloane
    Chairman of the Board & CEO
    212-356-9500
    bsloane@newtekbusinessservices.com

SOURCE  Newtek Business Services, Inc.
    -0-                             05/22/2007
    /CONTACT:  Barry Sloane, Chairman of the Board & CEO of Newtek Business
Services, +1-212-356-9500, bsloane@newtekbusinessservices.com/
    /Web site:  http://www.newtekbusinessservices.com
                http://www.mn1.com /
    (NEWT)



CO:  Newtek Business Services, Inc.; MN1.com
ST:  New York
IN:  FIN MLM
SU:



MD-JE
-- NYTU144 --
1861 05/22/2007 12:55 EDT http://www.prnewswire.com