WTF is this Installshield Update Manager and how the hell did it get on my system?

[aphex]

Its not listed in Add Remove Programs and it likes to load itself when it feels like it...

 

[MrChad]

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Most likely some piece of software you installed is using it to monitor for updates.

 

[EagleKeeper]

Originally posted by: MrChad
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Most likely some piece of software you installed is using it to monitor for updates.

Bingo