I wonder what their reason was to keep this language private. Or for creating the language in the first place, when they already had a PL/1 compiler. (Maybe the full PL/1 compiler was to large to run gracefully on their lower end machines?)
I think https://wiki.c2.com/?PlsLanguage is informative. PL/S was more suitable for writing low-level code due to some extra options and it didn't need a full runtime environment. Wikipedia suggests IBM didn't (initially) release it because it meant that only they could alter the operating system, and also to avoid handing any advantage to their competitors.