Memdisk enables to boot an operating system (e.g. DOS) out of a floppy disk (or hard disk) image. It can be used in conjunction with a bootloader, e.g. Syslinux, Lilo, or Grub.
Memdisk is included in Syslinux. To install memdisk in Debian Etch do:
$ apt-get install syslinux
$ cp /usr/lib/syslinux/memdisk /boot/memdisk
label dos
kernel memdisk
append initrd=dosboot.img
image=/boot/memdisk
initrd=/boot/dosboot.img
label=dos