What is it?

AdManCtl.exe is a file associated with the WinAd spyware.

What does it do?

Admanager Controller is a software that provides targeted advertising offers. It generates pop-up advertisements on the system where it is installed.

When executed, it asks first if the user accepts the End-User License Agreement (EULA) before completely installing itself on the machine.

More info:

http://www.trendmicro.com/vinfo/grayware/graywareDetails.asp?SNAME=ADW%5FWINAD%2EM