The Small Business Authority Hour Highlights Cloud Computing BenefitsThe Show will air on June 4th at 4:00 p.m. EDT on 77WABC and wabcradio.comHosted by Barry Sloane

NEW YORK, June 1, 2011 /PRNewswire/ -- Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, announced today the next live radio broadcast from "The Small Business Authority Studio" at 77WABC Radio in New York. National listeners can also tune inwawt w.wabcradio.comand click listen live. The progrTahme, Small Business Authority Hour, will be hosted by Barry Sloane, CEO, President and Chairman of Newtek Business Services and will be broadcast on Saturday, June 4, 2011 at 4:00 p.m. EDT.

President and CEO Barry Sloane said, "This week The Small Business Authority Hour will be 100 percent focused on cloud computing which we view as the most important trend for business owners in the course of the next five years. Cloud computin is designed to reduce small business expenditures on IT hardware, software and the in-house and outsourced services to maintain technology operations and infrastructure. Cloud computing is a commonly misunderstood term that we aim to clarify for small and independent business owners, so that they can obtain the cost reduction, enhanced security and operational efficiencies for their businesses immediately."

Mr. Sloane continued "The Small Business Authority has an authoritative presence in the small business solutions space, www.thesba.com/cloud, where business owners and technology professionals can use our cloud services on a unique, pay as you go basis. The show will focus on primary concepts and unlocking the mystery of what cloud computing is and how it can help business owners and IT professionals."

The show will be hosted by Barry Sloane, President and CEO of Newtek Business Services, Inc. and co-hosted by Laura Smith from 77WABC. The Small Business Authority Hour is broadcast from the Small Business Authority Studios atop Madison Square Garden the first Saturday of every month at 4:00 p.m. EDT. We will take live questions from independent business owners beginning at 4:15 p.m. until the show ends at 5:00 p.m. EDT.

Newtek Business Services, The Small Business Authority, provides the following products and services: