I have found a variant of this on my mother-in laws computer (go figure) same scenery, but this had also implanted itself as a system service. I had re-booted into safe mode to remove the service and all registry changes.

But in regular mode, could not get into control panel to see if I could start shutting off ports to see if I could get it to stop. Also I could not open programs from start had ot go through the run window. Seemed to have made several programs all with different names. So if I moved it to virus vault it would just make another program.

These were intstalled in the windows directory. I am going to try a recovery tomorrow.