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

Process description:

Adware Process

Author: Solid Peer
Part of: Unknown
Process 'buddy.exe' is known to exhibit activities usually associated with 'Malware'. Malware stands for 'Malicious Software' and is a generic term that includes: computer viruses, worms, trojan horses, most rootkits, spyware, dishonest adware and crimeware.

buddy.exe is associated with a 'Spyware' program developed by 'Solid Peer' which monitors the users browsing habits and transfers that data back to the author for analysis.

The process buddy.exe is also known to exhibit properties associated with 'Adware' i.e. advertising supported software - software that automatically displays or downloads unwanted advertisements and pop-ups.

* buddy.exe is known to use a registry key titled 'Ceres'.
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Common location(s):
C:\WINDOWS\BUDDY.EXE
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What is this buddy.exe process and what does it do?
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Visitor
Anyone have ANY info?
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