Yet another virus or......?

[Groundgripper]

I've just received an e-mail from a friend telling me about a virus which he has found on his machine called "jdbgmgr.exe". Apparently it propagates automatically to everyone in one's e-mail address book and is 'yet undetectable by Norton, McAffee and VET AV software'.
I looked on my machine and, sure enough, there is the program complete with its teddy bear logo.
Does anyone know anything about this one? (just before I go and wipe it out and delete some perfectly innocent program!)

[What_does_this_button_do?]

Full credit to Symantec for this post:

It's a HOAX - click here for full text

text:
This is a hoax that, like the SULFNBK.EXE Warning hoax, tries to persuade you to delete a legitimate Windows file from your computer. The file that the hoax refers to, Jdbgmgr.exe, is a Java De****** Manager. It is a Microsoft file that is installed when you install Windows.

It has a teddy bear icon as described in the hoax:

[PaperTiger]

That's Java D e b u g g e r to save you all wondering

[Groundgripper]

Thanks for that, folks.
I had my suspicions from the tone of the covering e-mail - it just didn't ring true from what I know of the person who sent it to me, which is why I posed the question here!
He's now sent an apologetic message saying DON'T DO IT!!