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No flash in the pan at Torridon
09 February 2001
This year's Fast 50 awards mark a triple triumph for Torridon, the flash memory and technology licensing company which has featured in the top three places for the past three years.
It came second in the first two years of the Fast 50 and this year stays among the winners at number three.
Torridon's recently launched Chameleon connectivity platform offers mass-market potential for low-cost internet products such as its Flashmailer. This gives users of digital cameras the ability to send their "photographs" - digital images - immediately across the internet without having to load them into a personal computer.
Founded in 1994, Torridon employs 55 people and in the year to December 31, 1999, it made a pre-tax profit of £502,000 on turnover of £97.8m. It is due to publish its latest results on March 21.
But under the guise of its former name - Memory Corporation - Torridon nearly went bust. The Easdaq-listed company now specialises in designing, developing and licensing broadcast connectivity products.
Since re-naming itself last year, it has re-focused its business on adopting a technology and intellectual property licensing model - in the same way as Footsie chip-design firm ARM Holdings.
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