ATC Expands Operations in California; Fourth New Office in State within Twelve Months
May 03 2005 - 8:30AM
Business Wire
ATC Healthcare, Inc., (AMEX:AHN) a leader in medical staffing, is
pleased to announce that it has executed a License Agreement with
Global Nurses Online, Inc. of Culver City, California. Global
Nurses Online, Inc. specializes in the recruitment of RNs and has
operated in the market for the last five years. "We are very
pleased to have Global Nurses Online in the ATC network. This
expansion marks our second office into the greater Los Angeles
area. With nurse staffing ratios now being regulated in California,
the market should see a significant upturn in business. ATC's new
offices in California, position us to service this increase in
demand", said David Savitsky, Chief Executive Officer. This is the
fourth new licensee to the ATC network in 2005. The ATC Licensee
Program is a very important part of the company's overall strategic
plan for expanding its reach into new markets and rebuilding its
sales. New licensees are carefully selected for their experience
and either own or have operated a medical staffing business in the
geographical location. They can bring to bear their local
experience to give ATC a quick start in becoming a market presence.
ATC plans to open 12 new licensed locations this year. About ATC
Healthcare, Inc. ATC is a national leader in medical staffing
personnel to hospitals, nursing homes, clinics, and other health
care facilities with 52 locations and conducts business in 33
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/A for
the year ended February 29, 2004 as filed with the Securities and
Exchange Commission on November 4, 2004 and the quarterly report on
form 10-Q for the Quarter ended November 30, 2004 as filed with the
Securities and Exchange Commission on January 14, 2005.
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