what is it?
localnrd.dll is a file associated with the trojan downloader TROJ_ISTZONE.B

What does it do?
The trojan virus attempts to download and execute spyware and adware programs from the internet.

Trend micro Antivirus detects localnrd.dll as ADW NRD.A

More info and Removal
You can find more info about the trojan downloader istzone.b and ADW_NRD.A from trend micro.