It has biscotti firmware. You can choose memory mode (torch comes back on in the last used mode) or memory mode off (torch always comes on in first mode of the selected mode group) in the settings. It does NOT have next mode memory. See here.
ETA: Also, biscotti is pretty cool. You might not need to configured it, but if you do, the first time might be painful. But sometimes once is all it takes. I particularly like mode group 8, and it sounds like that one might be good for you, also.