8-K

                                  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): August 31, 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)
                                 (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 August  31,  2006,  our Board of  Directors  elected  Andrew G.  Guzzetti,  a
director of our company as Chairman of the Board to fill the vacancy  created by
the  passing  of  Peter  Amico,  our  President  and  Chairman  of the  Board of
Directors, on August 25, 2006.

We issued a press release on September 5, 2006 announcing the appointment of Mr.
Guzzetti as Chairman of our Board of Directors 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 September 5, 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: September 5, 2006                      /s/ Nicholas Fenelli
                                             ---------------------
                                             Nicholas Fenelli
                                             Interim Chief Executive Officer

EX-99

For Immediate Release


Airtrax Appoints Seasoned Financial Veteran and Board Member to Chairman of the
Board

Blackwood, New Jersey -- September 5, 2006 -- Airtrax, Inc. (OTCBB: AITX), a
developer of patented Omni-Directional technology with military and commercial
applications, today announced that the Company's Board of Directors has elected
Board member Andrew Guzzetti as Chairman of the Board. The position was
previously held by former CEO Peter Amico, who passed away on August 25, 2006.

Mr. Guzzetti has been a consultant to the Company for a number of years. Since
September 2004, Mr. Guzzetti has served as Managing Director of the Private
Client Group at McGinn Smith and Co., Inc., an investment banking and retail
brokerage firm, where he is responsible for wealth management for high-net worth
individuals. From February 2004 to September 2004, Mr. Guzzetti served as
Managing Director of the Private Client Division at The Keystone Equities Group.
From February 2002 to February 2004, Mr. Guzzetti worked as a capital formation
consultant, where he advised start-up public and private companies on
fundraising strategies. From November 1995 to February 2002, Mr. Guzzetti served
as Senior Vice President and Branch Manager for Salomon Smith Barney in Mount
Laurel, New Jersey, where he significantly grew revenues and increased the
financial consultant population through recruitment and training. From March
1990 to July 1992, Mr. Guzzetti's was Vice President, Branch Manager of
Shearson/Smith Barney in Clearwater, Florida. Mr. Guzzetti received a B.A. in
Economics from Utica College in 1969. Mr. Guzzetti is a teaching adjunct at
Temple University teaching a course entitled entrepreneurship at the
undergraduate and graduate level.

The Board of Directors collectively feels that Mr. Guzzetti is highly
experienced in the capital markets and feels that he can lead this Board as the
company moves to the next level.

Mr. Guzzetti stated, "Since joining the Board, I have learned a great deal about
the Company's business plan and the unmet global market place need for our
Omni-Directional technology and the opportunity it represents for Airtrax's
shareholders. Now, I am ready to face the challenges and capitalize on the
opportunity to lead the Board as its new Chairman and advise the Airtrax
management team during this period of transition and beyond."

About Airtrax, Inc.:
A U.S.-based developer of Omni-Directional technology, Airtrax designs and
manufactures Omni-Directional vehicles. The Airtrax patented wheel was designed
and developed by Airtrax after receiving a technology transfer from the US Navy
in the form of a Cooperative Research and Development Agreement (CRADA).

The SIDEWINDER(TM) Omni-Directional Lift Truck and the Airtrax Cobra(TM) aerial
work platforms (AWPs) are the first Omni-Directional vehicles using
Omni-Directional technology and the patented Airtrax wheel to be commercially
produced. The nearly maintenance-free drive system design also reduces
maintenance costs, delivering cost efficiencies to companies both large and
small. The Airtrax patented Omni-Directional wheel is manufactured exclusively
for Airtrax vehicles.

Airtrax has developed business partnerships, received orders, and shipped
SIDEWINDER trucks to California, Wisconsin, Arkansas, Ohio, New Jersey,
Kentucky, Florida, and Pennsylvania in the United States, and internationally to
the United Kingdom, Japan, Spain, Panama, New Zealand, Canada, and South Africa.

For more information and to view a must-see product demonstration, visit
www.airtrax.com or http://www.equityperformancegroup.com/clients_airtrax.php.


    For further information, contact:

    At the Company:
    Airtrax Inc.
    856-232-3000
    http://www.airtrax.com

    Investor Relations:
    Equity Performance Group
    Don Wilkinson
    617-723-0070
    don@equityperfgp.com
    http://www.equityperformancegroup.com

The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor"
for forward-looking statements. Certain of the statements contained herein,
which are not historical facts, are forward-looking statements with respect to
events, the occurrence of which involved risks and uncertainties. These
forward-looking statements may be impacted, either positively or negatively, by
various factors. Information concerning potential factors that could affect the
company is detailed from time to time in the company's reports filed with the
Securities and Exchange Commission.