Although the team recognised the future potential of this data storage technology, Plessey chose not to invest.

Then, Gradiente licensed the Garrard name to Terence O'Sullivan, who operated as Loricraft Audio, in 1997.

Between 1992 and 1997, the Garrard brand name was licensed to other companies in the US, which imported electronic items built by different, unrelated Far Eastern manufacturers.

These included "Garrard" branded cassette decks, CD players, stereo receivers, portable radio/cassette players, portable "Walkman" type cassette players, serial-port printer cables, universal TV/audio remote controls, and other miscellany, including turntables that had no connection with any original Garrard design.

The later 401 was nearly identical mechanically, but with a redesigned exterior, more powerful motor, slightly different eddy current braking speed control and different turntable thrust bearing.