Is the ashServ.exe process a virus, spyware or malware?

Process description:

Avast! AntiVirus Service

Author: ALWIL Software
Part of: Avast Internet security suite
ashServ.exe is part of the anti-virus software Avast!, a popular anti-virus application developed by Alwil Software.

The ashServ.exe process is Avast!'s main executable file and should therefore not be terminated as it is protecting your computer viruses and spyware.
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Common location(s):
C:\Program Files\Alwil Software\Avast4\ashServ.exe
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What is this ashserv.exe process and what does it do?
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Anyone have ANY info?
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