I fixed it. Then I ran REG SEEKER "clean the registry". There was an entry similar to the above which I deleted.
I ran Highjackthis again and the above entry was present again. It seems REG SEEKER put it back so I fixed it with Highjackthis again. Have entered the R0 - HKCU\SOFTWARE.....etc on the internet but didn't find much. Have run Ad-aware and Spybot which both found nothing. Does anyone else have the same.