ATC Healthcare Submits Application for Listing on The American Stock Exchange

Business Wire, Dec 17, 2001

Business Editors

LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Dec. 17, 2001

ATC Healthcare, Inc. (OTC BB:ATCHA) today reported that the Company has submitted an application for listing on the American Stock Exchange (AMEX).

ATC Healthcare, presently listed on the Over-the-Counter Bulletin Board meets many of the criteria for listing on the AMEX. Should the Company require a Special Committee Hearing, it is fully prepared to make a substantive presentation.

"Potential listing on the AMEX would open the door for many institutional investors and brokerage houses to invest in ATCHA. With growing recognition in an explosive industry, increasing revenues and profitability, we are hopeful that this listing is achievable," stated David Savitsky, President.

ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing home, medical and research facilities and industry from 65 locations in 26 states. 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 our website 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 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 for the quarter ended August 31, 2001 as filed with the Securities and Exchange Commission on October 15, 2001.