EXHIBIT 99.5

      ATC Healthcare Announces New CFO Andrew Reiben, CPA, Joins
         as Senior Vice President and Chief Financial Officer

    LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Oct. 14, 2003--ATC
Healthcare, Inc. (AMEX:AHN), a national leader in medical staffing,
today reported that Andrew Reiben, CPA, has joined the Company as
Senior Vice President and Chief Financial Officer. Mr. Reiben replaces
Alan Levy, who left the Company to pursue other opportunities.
    Prior to joining ATC, Mr. Reiben was Chief Financial Officer of
Immedient Corporation a private company that provides information
technology consulting services. Mr. Reiben gained his strong knowledge
of the staffing industry at COMFORCE Corporation, where he was Vice
President of Finance responsible for acquisitions and financial
reporting. Mr. Reiben started his career in public accounting at
Coopers & Lybrand LLP.
    David Savitsky, Chief Executive Officer commented, "I am extremely
pleased that Andrew has joined us at ATC. His background and
experience will bring significant strength to our financial area."

    About ATC Healthcare, Inc.

    ATC is a national leader in medical staffing personnel to
hospitals, nursing homes, clinics and other health care facilities
with 50 locations in 23 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 for the year ended February 28, 2003 as filed with
the Securities and Exchange Commission on June 13, 2003.

    CONTACT: ATC Healthcare, Inc.
             David Savitsky, 516-750-1681
             dsavitsky@atchealthcare.com
              or
             Andrew Reiben, 516-750-1666
             areiben@atchealthcare.com