Acronym of LIPS

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Logical Interences Per Second

Ladies International Poker Series

LiPS

Linux Phone Standards (Forum)

Logical Inferences Per Second

Lescol Intervention Prevention Study

Laboratory for Intelligent Processes and Systems (University of Texas at Austin)

Long Island Parrot Society

Litigants in Person Service (UK)

Lecithin Isopropyl Palmitate Solution

Linguistic and Intercultural Preparation of Students (for the Workplace)

Laboratory for Intelligent Process Systems

Logistics Information Processing System

Lorentz Invariant Phase Space

Locus Intelligent Point System (Locus Corporation)

Ladies Initiating Prosperity and Success

Life Prediction Software

Laboratories of Intelligent and Parallel Systems

Laser Image Processing Scanner

Laser Impulse Space Propulsion

Language Independent Program Subtitling

Laboratory Integrated Prioritization System

Logistics Integrated Process System

Linear Integrated Processing System

Line Independent Power Supply

LCD (Liquid Crystal Display) Integrated Power Supply (various companies)

Lightweight Independent Power System