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sysxp.exe

What is it?
W32.Beagle.AB@mm - sysxp.exe

What does it do?
W32.Beagle.AB@mm is a mass-mailing worm that uses its own SMTP engine to spread through email and opens a backdoor on TCP port 1080.

The subject line, body, and attachment name of the email vary. The attachment will have a .com, .cpl, .exe, .scr, or .zip file extension.

The worm is packed with UPX.

Removal:
Symantec has the full dirt ( Here )