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)

February 14, 2003

ALPHANET SOLUTIONS, INC.
(Exact name of registrant as specified in charter)

New Jersey
(State or other jurisdiction of incorporation)

0-27042
(Commission File Number)

22-2554535
(I.R.S. Employer Identification Number)

7 Ridgedale Avenue, Cedar Knolls, New Jersey
(Address of principal executive offices)

07927
(Zip Code)

Registrant’s telphone number, including area code

(973) 267-0088

Not Applicable
(Former name or former address, if changed since last report)

INFORMATION TO BE INCLUDED IN THE REPORT

Item 5. Other Events and Required FD Disclosure.

On February 14, 2003, AlphaNet Solutions, Inc. (the “Company”) and Richard G. Erickson, President and Chief Executive Officer of the Company, entered into a letter agreement modifying the terms of Mr. Erickson’s consulting arrangement with the Company. Mr. Erickson has served as the President and Chief Executive Officer of the Company in a consulting capacity through New England Associates, LLC, a professional services turnaround consultancy of which he is president.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

(a)

Financial Statements.

Not Applicable.

(b)

Pro Forma Financial Information.

Not Applicable.

(c)

Exhibits.

Exhibit No.

Title

10.53

Amendment to Consulting Agreement between the Company and Richard G. Erickson, dated February 14, 2003

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.

Dated: February 14, 2003

ALPHANET SOLUTIONS, INC.

By:  WILLIAM S. MEDVE
——————————————
        William S. Medve
         Executive Vice President,
         Chief Financial Officer and Treasurer

EXHIBIT INDEX

ALPHANET SOLUTIONS INC 8-K