Photo-Lettering’s version of Torino italic with swash caps, first shown in 1971 [PLINC One Liner 1971]. The lowercase appears to match the company’s Torino Italic, but is slightly condensed. Used already in 1970.
Other phototype companies showed a different Torino Italic Swash (Castcraft) with different swashes and shorter descenders.
Contributed by Stephen Coles