Automated description from the Alliance of Genome Resources (Release 3.2)
Predicted to have lipid phosphatase activity and phosphatidate phosphatase activity. Predicted to be involved in phospholipid dephosphorylation; phospholipid metabolic process; and signal transduction. Predicted to localize to integral component of plasma membrane. Is expressed in nervous system and sensory organ. Orthologous to human PLPPR3 (phospholipid phosphatase related 3).