Does Soul Calibur III Arcade Edition Support the Memory card like SCII does?

I have a Namco System 246, with Soul Calibur II Ver D and Soul Calibur III Arcade Edition Ver B. Soul Calibur 2 saves its conquest mode data to a memory card so it can be reloaded when a different game is changed and then you change back to SCII, For some reason when I switch out Soul Calibur 3 and go back it doesn't seam to save the data other then saving it to the rom that saves the high scores that of course gets cleared when a different game is installed. So does anyone know, Does Soul Calibur III Arcade Edition even support the memory card for Legends mode data or is that a feature that only Soul Calibur II supports?