That is Real Networks Download Application Launcher
" if you use the RealNetworks RealDownload, Netscape/AOL Smart Download, or NetZip Download Demon utilities in their default configuration . . .
EVERY TIME you use one of these utilities to download ANY FILE from ANYWHERE on the Internet, the complete "URL address" of the file, along with a UNIQUE ID TAG that has been assigned to YOUR machine, and — in the case of Netscape's SmartDownload only — YOUR computer's individual Internet IP address, is immediately transmitted to the program's publisher.
This allows a database of your entire, personal, file download history to be assembled and uniquely associated with your individual computer . . . for whatever purpose the program's publishers may have today, or tomorrow.
My exact personal name and private eMail address was being sent back to RealNetworks whenever I downloaded a file. "
More about this here:
http://grc.com/downloaders.htm
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Also, some info here re what you can delete
[INSERT STANDARD WAIVER: NIETHER AMITY'S WORLD
NOR I ARE RESPONSIBLE IF YOU DO THIS ]
http://www.betanews.com/article.php3?sid=1001549992
(Read the post from Sep 29 titled
'evntsvc.exe'