The .exe extension on a filename indicates an executable file. Executable files may, in some cases, harm your computer. Therefore, please read below to decide for yourself whether the launcher.exe on your computer is a Trojan that you should remove, or whether it is a file belonging to the Windows operating system or to a trusted application.
The process known as PS QL Launcher or Blizzard Launcher or Uniblue Launcher or VistaLauncher or Acer Assist Launcher or Launcher MFC Application or J2SE Runtime Environment (version 5.0 Update 5, 5.0 Update 6) or OEAPI Launcher or SDMSSplash
belongs to software soft thinks Launcher or Webshots Desktop or Protector Suite QL or Blizzard Launcher or Uniblue SpeedUpMyPC (version 2009) or Uniblue RegistryBooster (version 2010) or J2SE Runtime Environment (version 5.0 Update 3, 5.0 Update 6, 5.0 Update 8) or Dell DataSafe Local Backup or Acer Assist or SDMSSplash or RedStrike UltraWipe or ASUS Launcher or World of Warcraft or livePCsupport or FEAR Extraction Point or Gateway Recovery Center Installer
by soft thinks (www.softthinks.com) or UPEK (www.authentec.com) or Uniblue Systems (www.uniblue.com) or Blizzard Entertainment (blizzard.com) or Sun Microsystems (www.sun.com) or HP_SDMS or Acer (www.acer.com) or RedStrike B.V or CNET Networks (www.cnet.com) or Microsoft (www.microsoft.com) or Comodo Security Solutions (www.comodo.com) or Nektra S.A (www.nektra.com) or Paragon Technologie GmbH or TimeGate Studios.
Description: Launcher.exe is not essential for the Windows OS and causes relatively few problems. The file launcher.exe is located in a subfolder of "C:\Program Files" (mainly C:\Program Files\Webshots\).
Known file sizes on Windows 8/7/XP are 45,056 bytes (18% of all occurrences), 598,016 bytes and 81 more variants.
The file is not a Windows core file. The application starts when Windows starts (see Registry key: MACHINE\RunOnce, Run, User Shell Folders, MACHINE\Run, MACHINE\User Shell Folders, RunOnce, DEFAULT\Runonce, Shell Folders, DEFAULT\User Shell Folders). Launcher.exe is able to record keyboard and mouse inputs and monitor applications. Therefore the technical security rating is 29% dangerous; however you should also read the user reviews.
If you experience any issues with installation of launcher.exe, you can do the following:
1) uninstall the software Webshots or Uniblue SpeedUpMyPC using the "Add or Remove Programs" function of Windows Control Panel (Windows: Start, Settings, Control Panel, Add or Remove Programs)
2) go to the support area  of the Webshots website
3) look for a new, improved version .
Recommended: Identify launcher.exe related errors
External information from Paul Collins:
There are different files with the same name:
Important: Some malware camouflages itself as launcher.exe, particularly when located in the C:\Windows or C:\Windows\System32 folder, for example Worm.Win32.AutoRun.bdep (detected by Kaspersky), and Trojan.Gen or Backdoor.Trojan (detected by Symantec). Therefore, you should check the launcher.exe process on your PC to see if it is a threat. We recommend Security Task Manager for verifying your computer's security. This was one of the Top Download Picks of The Washington Post and PC World.
A clean and tidy computer is the key requirement for avoiding problems with launcher. This means running a scan for malware, cleaning your hard drive using cleanmgr and sfc /scannow, uninstalling programs that you no longer need, checking for Autostart programs (using msconfig) and enabling Windows' Automatic Update. Always remember to perform periodic backups, or at least to set restore points.
Should you experience an actual problem, try to recall the last thing you did, or the last thing you installed before the problem appeared for the first time. Use the resmon command to identify the processes that are causing your problem. Even for serious problems, rather than reinstalling Windows, you are better off doing a repair of your installation, or in the case of Windows 8, executing the DISM.exe /Online /Cleanup-image /Restorehealth command. This allows you to repair the operating system without losing data.
To help you analyze the launcher.exe process on your computer, the following programs have proven to be helpful: Security Task Manager displays all running Windows tasks, including embedded hidden processes, such as keyboard and browser monitoring or Autostart entries. A unique security risk rating indicates the likelihood of the process being potential spyware, malware or a Trojan. Malwarebytes Anti-Malware detects and removes sleeping spyware, adware, Trojans, keyloggers, malware and trackers from your hard drive.