ATC Healthcare Continues Expansion; Milwaukee, WI is Sixth Acquisition in Last Five Months.Business Editors & Health/Medical Writers LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Oct. 16, 2002 ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered Healthcare Services, Inc., (AMEX AMEX See: American Stock Exchange :AHN AHN Athens, GA, USA (Airport Code) AHN Army Health Nurse (US Army) AHN Aetna Hispanic Network AHN Allied Health Network AHN Ad Hoc Network ) a national leader in medical staffing, today announced that it has acquired Accessible Medical Staffing, in Milwaukee, Wisconsin. Accessible, which will operate as an ATC corporate office, does approximately $1,300,000 in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenue. Milwaukee represents a new market for ATC. "ATC continues to seek out and acquire complementary businesses to its existing model. We have been successful in locating existing operations to add to the ATC network. We will continue to be aggressive in making these accretive acquisitions in new markets," stated David Savitsky, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ATC. About ATC Healthcare, Inc. ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics and other health-care facilities with 71 locations in 29 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 health-care professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com. This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Feb. 28, 2002 as filed with the Securities and Exchange Commission on June 10, 2002 and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended Aug. 31, 2002 as filed with the Securities and Exchange Commission on Oct. 15, 2002. |
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