No lift shift (NLS) is a term GM used to describe a manual transmission shifting technique first supported on the 2008-2009 Pontiac Solstice GXP / Saturn Sky Redline, 2008-2010 Chevrolet Cobalt SS/TC, and 2008-2010 Chevrolet HHR SS. It is debatable whether the 2007 Pontiac Solstice GXP / Saturn Sky Redline supported it, but based on the fact they do not have a sweeping-range clutch pedal position (CPP) switch, it seems unlikely.
Procedurally, NLS is essentially "power shifting", which is a shifting technique where the accelerator is held to the floor while the clutch is depressed, and the transmission is shifted, then the clutch is released with the accelerator still at the floor. The idea is the engine stays at full power all the way through the shift.
When you "power shift", you rely on the vehicle to have a maximum RPM limiter (rev limiter) to prevent the engine from over-revving and suffering damage. What makes GM's NLS unique is the fact that the engine controller's (ECM) rev limiter works differently under NLS circumstances. Normally when you hit the rev limiter, the ECM simply closes the throttle (which dumps the boost on turbocharged engines). With NLS, the ECM keeps the throttle wide open and simply uses a different over-revving strategy (a combination of fuel and timing cut). This prevents the boost from being dumped.
At the time of this writing, from the factory, none of the 1.4L turbocharged vehicles support NLS - in other words, the boost always gets dumped if you try to "power shift" them. However, one of the Trifecta exclusive features is that we figured out how to add NLS to the 1.4L turbocharged vehicles, and we can do this if requested.