UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 26, 2006
Airtrax, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 0-25791 22-3506376
--------------------------------------------------------------------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
200 Freeway Drive Unit One, Blackwood, NJ 08012
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code (856) 232-3000
Copies to:
Richard A. Friedman
Eric A. Pinero, Esq.
Sichenzia Ross Friedman Ference LLP
1065 Avenue of the Americas
New York, New York 10018
Phone: (212) 930-9700
Fax: (212) 930-9725
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On April 26, 2006, our Board of Directors appointed former U.S. Congressman
Robert A. Borski, Jr. as a director, effective on May 1, 2006. There are no
understandings or arrangements between Mr. Borski and any other person pursuant
to which Mr. Borski was selected as a director. Mr. Borski presently does not
serve on any committee of our Board of Directors. Mr. Borski may be appointed to
serve as a member of a committee although there are no current plans to appoint
him to a committee as of the date hereof. Mr. Borski does not have any family
relationship with any director, executive officer or person nominated or chosen
by us to become a director or executive officer.
From 1982 to 2003, Mr. Borski represented the Third Congressional District of
Pennsylvania for ten terms in the United States House of Representatives, where
he was a senior member of the House Transportation and Infrastructure Committee
and a vocal advocate for an improved national transportation system. He was
awarded the American Public Transportation Association's National Distinguished
Service Award in 2002 and the Silver Order of the de Fleury Medal from the Army
Engineering Association. In 2003, Mr. Borski formed Borski Associates, a
government relations firm specializing in transportation and economic
development issues. He is a driving force behind efforts to revitalize the North
Delaware riverfront, an area of abandoned industrial sites, into a center of
residential and commercial activity. Currently, Mr. Borski serves on the Board
of Directors of the Northeast-Midwest Institute, an organization promoting
economic vitality for Northeastern and Midwestern states, and on the Board of
Directors of Pennoni Associates, a civil engineering firm. Mr. Borski received a
Bachelor of Arts degree from the University of Baltimore in 1971.
We issued a press release on April 27, 2006 announcing the appointment of Mr.
Borski to our Board as described above which is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this
Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), or otherwise subject to the liability of that
section, and shall not be incorporated by reference into any registration
statement or other document filed under the Act or the Exchange Act, except as
shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements of business acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
Exhibit
Number Description
--------------------------------------------------------------------------------
99.1 Press Release of Airtrax, Inc. dated as of April 27, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Airtrax, Inc.
Date: April 27, 2006 /s/ Peter Amico
----------------
Peter Amico
Chief Executive Officer