For people who need a break from life's little irritations, NIPS? is the rich and creamy hard candy that provides a soothing diversion. Each NIPS candy has its own distinct and truly satisfying flavor. This hard candy is known for its smooth, creamy texture and bite-size eat with an unmistakable hint or "nip" of flavor - hence the name "NIPS". NIPS were introduced more than 70 years ago and known as Pearson NIPS since the early 1920's. Nestl? purchased NIPS in 1989. The "Pearson" name was dropped in Fall 2000. NIPS are different from most other hard sugar candies because NIPS are a milk-based hard caramel. The dairy ingredients make NIPS' texture exceptionally smooth and creamy. NIPS candy comes in two forms; solid candies and soft centered candies known as parfaits.