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

Process description:

Logitech QuickCam

Author: Logitech
Part of: Unknown
The LVComSer.exe process is installed with Logitech QuickCam's (a web camera device) bundled software.
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 UNKNOWN

Common location(s):
C:\Program Files\Common Files\LogiShrd\LVCOMSER\
Visitor comments

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Visitor
What is this lvcomser.exe process and what does it do?
... rated this process as unknown
Visitor
Anyone have ANY info?
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