ATC Healthcare Continues National Expansion with First Office Opening in the State of Utah; Company Acquires Lifeline Nursing Services in Taylorsville.Business Editors & Health/Medical Writers LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Mar. 4, 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, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ATCHA), a leading provider of comprehensive medical staffing for hospitals, nursing homes and healthcare organizations, today announced that in line with its national expansion initiatives, the Company acquired Lifeline Nursing Services, a medical staffing agency based in a new market, Taylorsville, Utah Taylorsville is a city in Salt Lake County, Utah, United States. The population was 57,439 at the 2000 census. Its estimated population in 2007 stood at 60,100. Taylorsville was incorporated from the Taylorsville-Bennion CDP and portions of the Kearns CDP on April 24, 1996. . The new office will be operated as an ATC corporate location with the current management, who possesses significant knowledge of the business and demographics, in place. "This acquisition provides ATC with new location in a key strategic market in which the Company plans to expand. Our commitment of opening a new ATC office approximately every month and national expansion is demonstrated through our entry into Utah," stated Ed Teixeira, Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of ATC. "ATC continues to implement its growth objectives as it gains greater recognition in the healthcare staffing industry and hopefully will gain listing on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. in the near future opening the doors to a wealth of new investors," David Savitsky, 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. and President, concluded. About ATC Healthcare, Inc. ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics and other health care facilities with 67 locations in 27 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 healthcare 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 February 28, 2001 as filed with the Securities and Exchange Commission on May 25, 2001 and its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended November 30th, 2001 as filed with the Securities and Exchange Commission on January 14, 2002. |
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