I'd get rid of it, ASAP.
If you can't find it in google then treat it as a randomly generated name malicious executable. Some bugs will randomly create a name for such a reason.
No.
I have a file 'msmgrm.exe' that showed up on my pc a few weeks ago. I try to delete it, but it reinstalls itself in the \system32 directory.
None of the virus/spyware checkers recognize it as a threat.
Properties shows no identification information. Avorax Shield found it and is blocking it. It seems that that only other alternative is to reformat and reinstall.
Go Here
Run the Scanner
http://housecall65.trendmicro.com/
Download and run the scanner
http://www.ewido.net/en/onlinescan/
Install Free Version
Install Free Version of firewall and turn off windows firewall.
http://www.zonelabs.com/store/content/company/products/trial_zaFamily/trial_zaFamily.jsp?lid=home_freedownloads
Insure you have at least a software firewall
If you can afford to buy them so much the better.
W