What is it?
Microsoft Intellimouse Monitor - point32.exe
What does point32.exe do?
This is the mouse settings tray icon. Some people report that you must have this running for the programmed extra button support. If you don't program those buttons for special tasks then you'll want to shut this process down.
You'll want to keep an eye on this google search for any known viruses. The normal location of point32.exe is C:Program FilesMicrosoft HardwarePoint32.exe
time I did not find anything using this filename!