Improving L2 learners reading fluency has been identified by leading L2 reading researchers as an important aspect of L2 reading instruction (Grabe, 2004, 2009; Nation, 2009). A number of studies have been conducted on the use of paper-based fluency development methods on ESL and EFL students reading speeds and showed positive results (Al-Homoud & Schmitt, 2009; Bell, 2001; Chang, 2010; Chung & Nation, 2006; Chung, 2010; Gorsuch & Taguchi, 2008, 2010; Iwahori, 2008; Macalister, 2008, 2010; Taguchi & Gorsuch, 2002; Taguchi, Takayasu-Maass & Gorsuch, 2004). The study presented in this article investigated the use of a computer-based reading rate development program on five intermediate-level ESL students' reading speeds. Results of the study showed that as a group, students increased their reading speeds on average 40 words per minute (wpm) and made a total percentage increase of 42.8% in reading speeds. Additionally, survey and interview data showed that students perceived gains in motivation toward reading and gains in other areas of language development. The results provide educators and students with the knowledge that computer-based reading rate development programs have the potential to help improve reading speeds and indicate that more research needs to be conducted into the use of computer-based reading rate development programs.