Philips Device Manager – DEVICEMANAGER.EXE
Devicemanager.exe will be found in your c:\Program Files\Philips\Philips Device Manager\bin folder. It installs with Home Healthcare monitors from Koninklijke Philips Electronics. This file appears to install with the Lifeline medical alert service, remote cardiac services, and home-use blood pressure monitors. You'll find more information at http://www.healthcare.philips.com/main/homehealth/index.wpd. You'll find support at http://www.support.philips.com/support/html/index_global.html.
Because it is a common term, it's possible that a file called devicemanager.exe installs with other programs.
Safe
Philips