8-K 1 e8k21303.txt ALPHA HOSPITALITY CORPORATION 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: February 13, 2003 ALPHA HOSPITALITY CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 1-12522 13-3714474 (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 707 Skokie Boulevard, Suite 600, Northbrook, Illinois 60062 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (847) 418-3804 ITEM 5. OTHER EVENTS Alpha Hospitality Corporation (the "Company") has appointed Morad Tahbaz as an outside director to serve on the Company's Board of Directors. Mr. Tahbaz is currently the president of Catskill Development, LLC ("Catskill") and his appointment is the result of the recently announced agreement between Catskill and the Company. Mr. Tahbaz currently serves as a member of the board of directors of Air Methods Corporation. He is a co-founder and General Partner of Americas Partners, an investment and venture capital firm. Mr. Tahbaz also serves as a Managing Director of Americas Tower Partners, a partner in Catskill and the developer of Americas Tower, a one million square foot, 50-story office tower in New York City. Since 1983, Mr. Tahbaz has also served as Senior Vice President of The New York Land Company, a real estate acquisitions and development firm. Mr. Tahbaz received his Bachelor's Degree in Philosophy and Fine Arts from Colgate University and holds a Master's Degree in Business Administration from Columbia University Graduate School of Business. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Exhibits 99.1 Press Release announcing the appointment of Morad Tahbaz to the Company's Board of Directors. 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 thereunto duly authorized. Dated: February 13, 2003 ALPHA HOSPITALITY CORPORATION (Registrant) By: /s/ Scott A. Kaniewski Scott A. Kaniewski Chief Financial Officer Exhibit 99.1 ALPHA HOSPITALITY CORPORATION 707 Skokie Boulevard Suite 600 Northbrook, IL 60062 Contact: Scott Kaniewski FOR IMMEDIATE RELEASE (847) 418-3804 ALPHA HOSPITALITY ANNOUNCES THE APPOINTMENT OF TWO NEW OUTSIDE DIRECTORS Northbrook, Illinois - February 13, 2003 - Alpha Hospitality Corporation (the "Company") (NASDAQ and BSE: ALHY) announced today that it has appointed a new director to serve on the Corporation's Board of Directors (the "Board"). Mr. Morad Tahbaz will serve as an outside director on the Company's Board. Mr. Tahbaz is currently the president of Catskill Development, LLC ("Catskill") and his appointment is the result of the Letter of Intent between Catskill and the Company signed on February 4, 2003. Mr. Tahbaz also serves on the board of directors of Air Methods Corporation (NASD: AIRM). He is a co-founder and General Partner of Americas Partners, a development and venture capital firm, which has acquired and developed major real estate projects. Mr. Tahbaz serves as a Managing Director of Americas Tower Partners, the developer of Americas Tower, a one million square foot, 50-story office tower in New York City. Since 1983, Mr. Tahbaz has also served as Senior Vice President of The New York Land Company, a real estate firm involved in rehabilitation of commercial properties in Manhattan, including The Crown Building at 730 Fifth Avenue. Mr. Tahbaz received his Bachelor's Degree in Philosophy and Fine Arts from Colgate University. He holds a Master's Degree in Business Administration from Columbia University Graduate School of Business. ###