Rank modulation is a new data representation method which can be used for flash memories and other types of non-volatile memories. This innovative technology does not use absolute values of cell levels, but instead uses relations in a group of memory elements. However, to establish rank modulation memory as a practical memory device, efficient and reliable rank determination (read circuitry) must be designed, and the characteristics of the rank modulation memory have to be explored with extensive research and experimental tests. This paper presents a rank modulation memory device which was fabricated in 0.35µm CMOS process. Rank read circuitry with current comparing scheme was integrated into the IC, and the rank determination ability was tested. Also, retention tests were performed to explore how the level changes affect cells ranks in an array of memory cells.