LMS stood for Laser/Magnetic Storage, Inc. which I
think was part
of (or maybe spun out of) Phillips-Dupont Optical (PDO).
As a matter of fact...
$whois
lms.com
Registrant:
Philips LMS (LMS-DOM)
4425 ArrowsWest Drive
Colorado Springs, CO 80907
Domain Name:
LMS.COM
Tim.