SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTIONS 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) ~~August~~May 288, ~~2006~~2007

Advanstar Communications Inc.

(Exact name of registrant as specified in its charter)

New York	~~333-57201~~	59333-~~2757389~~57201	59-2757389
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)
(State or other jurisdiction of		(Commission File Number)	(I.R.S. Employer
incorporation or organization)			Identification No.)
641 Lexington Avenue, New York, NY			10022
(Address of principal executive offices)			(Zip Code)
Registrant’s telephone number, including area code: (212) 951-6600

641 Lexington Avenue, New York, NY	10022
(Address of principal executive offices)	(Zip Code)

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:

~~Registrant’s~~o Written ~~telephone~~communications ~~number,~~pursuant ~~including~~to ~~area~~Rule 425 ~~code:~~under the Securities Act (~~212)~~17 ~~951-6600~~CFR 230.425)

~~Check the appropriate box~~o Soliciting ~~below~~material ifpursuant ~~the~~to ~~Form 8~~Rule 14a-K12 ~~filing~~under ~~is intended to simultaneously satisfy~~ the ~~filing obligation~~Exchange ofAct ~~the~~(17 ~~registrant under any of the following provisions:~~CFR 240.14a-12)

o ~~Written~~Pre-commencement communications pursuant to Rule ~~425~~14d-2(b) under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~14d-2(b))

o ~~Soliciting material~~Pre-commencement communications pursuant to Rule ~~14a~~13e-124(c) under the Exchange Act (17 CFR 240.~~14a~~13e-124(c))

~~o Pre-commencement communications~~Item ~~pursuant to Rule 14d-~~2~~(b)~~.02 ~~under~~Results ~~the~~of ~~Exchange~~Operations ~~Act~~and ~~(17~~Financial ~~CFR 240.14d-2(b))~~Condition

~~o Pre-commencement~~On May 8, 2007 the registrant issued a press ~~communications~~release ~~pursuant~~setting toforth ~~Rule 13e-4(c)~~its ~~under~~first ~~the~~quarter ~~Exchange~~2007 ~~Act~~results. ~~(17~~A ~~CFR~~copy of the press release is ~~240~~attached hereto as Exhibit 99.~~13e-4(c))~~1 and incorporated by reference herein.

~~Item~~Cautionary ~~5.02.~~Statement ~~Departure~~on ofForward-Looking Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Item 1.01. Entry into a Material Definitive Agreement; and Item 1.02. Termination of Material Definitive AgreementInformation

~~Advanstar~~This ~~Communications~~current ~~Inc.~~report on Form 8-K contains ~~(“ACI”)~~forward-looking ~~has~~statements ~~appointed~~made ~~Theodore~~pursuant S.to ~~Alpert~~the assafe ~~Vice~~harbor ~~President-Finance~~provisions ~~and~~of ~~Chief~~the ~~Financial~~Private ~~Officer~~Securities Litigation Reform Act of ~~ACI~~1995. ~~and~~Investors ~~its~~are ~~affiliates~~cautioned not to place undue reliance on these forward-looking statements, ~~effective~~including statements ~~September~~about 12plans and objectives of management, ~~2006. Mr.~~potential ~~Alpert~~acquisitions ~~succeeds~~and market ~~David~~growth Wand opportunity. ~~Montgomery~~These ~~who~~forward-looking statements are neither ~~has~~promises ~~resigned~~nor asguarantees ~~Vice~~and ~~President-Finance~~involve risks and ~~Chief~~uncertainties ~~Financial~~that ~~Officer~~could cause actual results to differ materially from those indicated by such forward-looking statements. You should not expect that these forward-looking statements will be updated or supplemented as a result of ~~ACI~~changing ~~and~~circumstances ~~its~~or ~~affiliates~~otherwise, ~~effective~~and ~~September~~we ~~11,~~disavow ~~2006,~~and todisclaim ~~pursue~~an ~~other~~obligation ~~interests~~to do so. ~~Mr.~~ ~~Montgomery~~Important cautionary ~~will~~statements ~~remain~~and ~~employed~~risk byfactors ~~ACI~~that would affect actual results are ~~through~~discussed ~~October~~in 31the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission, ~~2006~~including those under the caption entitled “Risk Factors” in ~~order~~the toCompany’s ~~transition~~annual ~~his~~report ~~duties~~on ~~and~~Form ~~responsibilities~~10-K filed with tothe ~~Mr.~~Securities ~~Alpert~~and Exchange Commission on April 2, 2007.

~~Mr.~~The ~~Alpert,~~information ~~49,~~furnished ~~is a senior level financial executive~~ with ~~more~~this ~~than 20 years of management~~Current ~~experience. Most~~Report ~~recently,~~on ~~from~~Form ~~March 2005~~8-K toshall ~~present,~~not hebe ~~served~~deemed as“filed” ~~Chief~~for ~~Financial~~purposes ~~Officer~~ of ~~IPS~~Section ~~Corporation,~~18 ~~a manufacturer~~ of ~~plumbing supplies and adhesives, with annual revenues of $200~~ ~~million, and owned by Nautic Partners, a Providence-based private equity firm. Previously, from October 2000 to September 2004, Mr. Alpert held~~ the ~~position~~Securities ofExchange ~~Executive~~Act ~~Vice President and Chief Financial Officer~~ of ~~Transtar Metal Holdings~~1934, ~~Inc., an international distributor of aluminum products, with annual revenues of $ 200 million; and from September 1988 to October 2000, he served~~ as ~~Executive~~amended ~~Vice President and Chief Financial Officer of Centis Inc.~~ (~~f/k/a~~the ~~20th Century~~“Exchange ~~Plastics, Inc.~~Act”), ~~an international~~or ~~manufacturer~~otherwise ofsubject ~~office~~to ~~supplies,~~the ~~with~~liabilities ~~annual revenues~~ of ~~$225 million. Prior to~~ that hesection, ~~also~~nor ~~served~~shall init ~~various finance~~be ~~positions of increasing responsibility at Avery Dennison, Inc., after~~deemed ~~beginning~~incorporated ~~his~~by ~~career~~reference in ~~finance~~any atfiling ~~Getty~~under ~~Oil Company. Mr. Alpert graduated summa cum laude with a B.S. in Economics from~~ the ~~University~~Securities Act of ~~California~~1933, ~~Los Angeles~~as amended, ~~and~~or ~~holds an M.B.A. in Finance and Accounting from~~ the ~~Wharton~~Exchange ~~School~~Act, atexcept ~~the~~as ~~University~~expressly ~~of Pennsylvania. None~~set offorth ~~Mr.~~by ~~Alpert’s~~specific ~~former~~reference ~~employers~~in ~~are~~such ~~affiliated~~a ~~with ACI~~filing.

~~ACI and Mr. Alpert have entered into a letter agreement dated August 18, 2006 (the “Letter Agreement”), pursuant to which:~~2

· ACI employs Mr. Alpert as Vice President-Finance and Chief Financial Officer, effective September 12, 2006, on an “at will” basis, whereby either ACI or Mr. Alpert can terminate his employment at any time for any reason or no reason;

· ACI will pay Mr. Alpert an annual salary of $250,000;

· Mr. Alpert will be eligible to receive an annual bonus based on his job performance, with a targeted amount of $100,000;

· Pursuant to the 2000 Management Incentive Plan of Advanstar Holdings Corp. (“AHC”), Mr. Alpert will be granted an option to purchase 150,000 shares of the common stock of AHC at an exercise price of $10.00 per share; and

· If ACI terminates Mr. Alpert’s employment without “cause”, or if Mr. Alpert resigns for “good reason”, then, in either case, ACI will continue to pay him his base salary in the form of salary continuation for a period of 12 months.

The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference herein.

In connection with his resignation, Mr. Montgomery and ACI have entered into a separation agreement dated August 28, 2006 (the “Separation Agreement”), pursuant to which:

· Mr. Montgomery resigns as Vice President-Finance and Chief Financial Officer of ACI and its affiliates effective September 11, 2006;

· Mr. Montgomery’s employment with ACI will cease October 31, 2006; and, until that date, Mr. Montgomery will assist with the transition of his duties and responsibilities to his successor;

· ACI will pay Mr. Montgomery a $250,000 transition services bonus on October 31, 2006; will continue to pay his base salary for a period of 12 months after October 31, 2006 as severance; and, if he exercises his rights under COBRA to continue his coverage under ACI’s medical plans, will reimburse him for any COBRA premiums paid by him during that 12-month period;

· Mr. Montgomery gives up and terminates his stock options to acquire shares of AHC under his Award Agreements dated October 11, 2000 and May 20, 2002 and releases any claims he may have against ACI and its affiliates generally, but he retains the right to receive the protections of the indemnification provisions contained in the charters and bylaws of ACI and its affiliates for the benefit of their officers and employees, as well as the right to coverage under any D&O and other liability insurance policies maintained by ACI and its affiliates.

· ACI and its affiliates release any claims they may have against Mr. Montgomery with an exception for certain claims they might otherwise have to recover certain damages, fines, losses or expenses they may suffer arising out of Mr. Montgomery’s actions. ACI and its affiliates also release Mr. Montgomery from his non-compete and other obligations contained in the above-mentioned Award Agreements, but Mr. Montgomery will continue to be bound by his promise contained therein not to solicit the employees of ACI and its affiliates.

· Mr. Montgomery can revoke the Separation Agreement within 7 calendar days after he has signed it, in which event it will be null and void. If not revoked during that 7-day period, the Separation Agreement will become final, binding and irrevocable upon the expiration of the 7-day period.

The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is filed as Exhibit 10.2 hereto and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

C. Exhibits

Exhibit No.		Document
10.1		Letter Agreement dated August 18, 2006 between Advanstar Communications Inc. and Theodore S. Alpert.
99.1		Earnings release dated May 8, 2007 for the quarter ended March 31, 2007.*
10.2		Separation Agreement dated August 28, 2006 between Advanstar Communications Inc. and David W. Montgomery.

4* Furnished herewith

SIGNATURES

Pursuant to the requirements of the Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	~~Advanstar Communications Inc.~~	Advanstar Communications Inc.
Date: August 28, 2006	By:	/s/ JOSEPH LOGGIA
Date: May 9, 2007		By:	/s/ TED S. ALPERT
		Name: Joseph Loggia
			Name: Theodore S. Alpert
		Title:Chief Executive Officer
			Title:Vice President - Finance,
			Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Document
10.1		Letter Agreement dated August 18, 2006 between Advanstar Communications Inc. and Theodore S. Alpert.
99.1		Earnings release dated May 8, 2007 for the quarter ended March 31, 2007.*
10.2		Separation Agreement dated August 28, 2006 between Advanstar Communications Inc. and David W. Montgomery.

6* Furnished herewith

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