Cosmo DeNicola Companies News


Monday, August 25, 2014

Inc. Magazine Unveils 33rd Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

Inc. Magazine

NEW YORK - Inc. magazine today ranked Futura Mobility NO. 2406 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. This marks the 8th consecutive year that Futura has been on the list, a list that represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

“We’re thrilled to have made the Inc.5000 list again this year,” said Cosmo DeNicola, Futura Mobility chairman. “It is definitely a high achievement and we couldn’t be prouder.”

The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’ s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

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Thursday, August 14, 2014

Will New China Football League Surpass NFL?

Steve Forbes, Forbes

NEW YORK - AT A TIME OF TENSION between Washington and Beijing—China’s worrying naval assertiveness, serious charges of cyber-spying, trade restrictions and protection of intellectual property—here’s a piece of good news: American-style football is coming to the Middle Kingdom. Chinese sports authorities have formally approved the creation of the country’s first football league.

The China American Football League (CAFL) will kick-off its first season in 2015, with six to eight teams in two conferences. The teams will be based in China’s major cities.

The mover behind this breathtaking breakthrough is Philadelphia-based, American businessman Marty Judge, who is co-owner of the Arena League’s Philadelphia Soul, a professional arena football team. Among those partnering with Judge are former NFL MVP and current ESPN analyst Ron Jaworski and Super Bowl-winning coach Dick Vermeil. The agreement was concluded with Judge’s Beijing-based company, Ganlan Media International and the Chinese Rugby Football Association.

Initial franchise owners will pony up $10 million per team and will receive a piece of TV-licensing rights.

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Thursday, August 14, 2014

Taking American Football Into New Territory: China

Richard Sandomir, The New York Times

NEW YORK - Marty Judge is fully convinced that China wants football — not the type played by the N.F.L. but the indoor version found in the Arena Football League, where the field is 50 yards long, there are eight players a side, and the ball can be rebounded off nets above the end zone.

“It’s exciting,” Judge said, “and it’s what the Chinese government wants.”

Judge, a co-owner of the Philadelphia Soul of the A.F.L., said Wednesday that he had an agreement with Chinese authorities to launch the China American Football League in conjunction with the Chinese Rugby Football Association.”

The league, he said by telephone, is expected to start in August 2015 with six to eight teams. He said confidently that he expected the league to have 30 teams in five years.

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Friday, July 25, 2014

Local firm developing Google Glass app with new acquisition funds

Lauren Hertzler, Philadelphia Business Journal

PHILADELPHIA – In May, Ernst & Young announced the acquisition of LogiStar Solutions, a fast-growing technology consulting firm founded in part by Cosmo DeNicola, Chairman of Cosmo DeNicola Companies. Some of the money from the acquisition is now being invested by DeNicola in a new “Innovation Lab” to build a Google Glass app.

Cosmo's Chief Innovation Officer Mark Handzlik is spearheading the development of the app, dubbed Inspector. It will cater to both the manufacturing and healthcare industries, aiming to provide mobile workers with hands-free intelligence. Special features of the app – which has been in the works for a few months – include flexible inspections, scheduling and reporting, inventory and data collection.

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Tuesday, May 27, 2014

EY buys fast-growing technology consulting firm

Jeff Blumenthal, Philadelphia Business Journal

PHILADELPHIA – Ernst & Young has bought LogiStar Solutions, a fast-growing provider of SAP supply chain implementation as it continues to expand its re-entry into the consulting world. EY did not disclose financial terms of the transaction.

LogiStar Solutions in Ft. Washington was formed in August 2011 by Cosmo DeNicola and technology entrepreneur David Gulian. When reached for comment, EY had little to say about the transaction save for confirming that LogiStar’s employees will be integrated into existing EY locations. Gulian said LogiStar has 65 employees but not all are based in its Ft. Washington headquarters.

The company’s revenue growth has been significant, starting with $2.8 million in five months of 2011, $11 million in 2012, $20 million in 2013 and a projected $26 million in 2014

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Thursday, May 8, 2014

Cosmo DeNicola Announces Investment in Dynamic EHR consulting firm, Pursuit Healthcare Advisors

PHILADELPHIA – Today, Cosmo DeNicola officially announced his investment in Pursuit Healthcare Advisors (PHA), a privately held firm that offers full-range implementation services for IT systems in healthcare organizations.

With an expertise in both acute and ambulatory care settings, PHA concentrates on leading Electronic Health Records (EHR) vendors including Epic, Cerner, Siemens, Allscripts™, MEDITECH, and NextGen®. The firms suite of full-service solutions include project and program management, meaningful-use assistance, EHR optimization, health analytics, training and go-live services, and clinical and financial system implementation.

PHA Managing Partners Marc Hirshfield and Robert Schwertfeger each have almost 20 years of healthcare IT and industry experience and will be responsible for company operations. “Rob and Marc are industry professionals,” said DeNicola. “My role is to provide them with all the tools and resources they need to create a dynamic organization that delivers true value.”

“PHA seeks to empower physicians, health systems and academic medical centers to not only improve their operations and care delivery, but to receive a significant return on their investment,” said Schwertfeger. “By ensuring on time and on budget implementations as well as optimized software utilization, we will achieve these goals.”

The healthcare consulting market continues to grow at a substantial rate due to healthcare organizations seeking to not only qualify for federal financial incentives, but to improve the quality of care delivery as well. “At PHA, we understand the importance of creating an organization that excels in system implementation, user adoption and satisfaction,” said Hirshfield.

Wednesday, April 30, 2014

Soul unite in midst of Sterling controversy

Tom Dougherty, CSNPhilly.com

PHILADELPHIA - Soul co-owner Cosmo DeNicola held a team meeting before practice Tuesday to address the racist comments from Los Angeles Clippers owner Donald Sterling. NBA Commissioner Adam Silver on Tuesday banned Sterling for life from the league and fined him the maximum $2.5 million.

“While many personalities and franchise owners have addressed the issue publicly, I felt it was extremely important to speak to our players in person,” DeNicola said in a statement. “I wanted to make sure that they knew the comments made by Sterling in no way reflect the beliefs of myself and the rest of the Philadelphia Soul ownership.”

DeNicola, a Philadelphia native and Temple graduate, focused on team unity, positivity and “brotherly love.” He gathered with the team for a team picture with players holding signs displaying #TEAM, #LOVE and #FAMILY.

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Monday, February 3, 2014

Cosmo DeNicola Hosts Exclusive, Pre-Super Bowl Party in NYC

NEW YORK –On Saturday, Cosmo DeNicola,Chairman of Comso DeNicola Companies,teamed up with his wife Janet to host a 'Pre-Super Bowl Party' in NYC. The event was held in Manhattan's premiere cigar club, the Grand Havana Room. In attendance were some of the top movers and shakers in the healthcare and technology industry, as well as celebrities such as actresses Lindsay Lohan and Nikki James, and NFL greats Ricky Waters and Ron Jaworski.

"Janet and I are thrilled that so many of our friends and colleagues could join us tonight" said DeNicola. "It's great to see everyone connecting across industries. No better way to celebrate America's game."

Wednesday, January 22, 2014

DeNicola Brings Philly to the 2014 Sundance Film Festival

Park City, UT -Cosmo DeNicola, Chairman of Cosmo DeNicola Companies, was spotted at the 2014 Sundance Film Festival. The festival was held in Park City, Utah, where some of the top talent in the entertainment industry gathered to have fun. DeNicola is on the Advisory Board of the Greater Philadelphia Film Office, and made sure to take some time to chat with hollywood insiders.

“It is really inspiring to see so many talented and creative people in one central location," said DeNicola. "Main Street in Park City was the place to be. It was definitely fun to chat and mingle, but my main objective was to make sure that Philly was well represented."

Monday, November 18, 2013

Futura Mobility Named as One of the Nation’s Fastest Growing Technology Companies

PHILADELPHIA -Futura Mobility, a leading provider of mobile technology solutions and services to enterprise corporations and healthcare providers, was named to the DeloitteTechnology Fast 500™ list, a prestigious recognition of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Futura Mobility placed at No. 373 on the list.

This is the first time that Futura Mobility was named to the Fast 500, adding to an impressive awards resume that includes Hall of Fame honors in the Inc. 5000 andPhiladelphia 100. Earlier this year, Futura Mobility was also recognized as one of five “Cool Vendors” in Application Services by Gartner, Inc., a distinct recognition given to only a few hundred companies across 86 categories.

“It’s amazing how far we have come in such a short time,” said Janet DeNicola, Owner of Futura Mobility. “This honor illustrates our commitment to growth, and we continue to push the envelope for innovative solutions that meet our customer’s needs both today and into the future.”

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