Multiple Programs - TRAYSERVER.EXE
Most commonly, trayserver.exe installs with ObjectBar and ObjectDesktop by Stardock. It is used to monitor your system tray and alert you when a program tries to install an icon there. More information, downloads, and removal instructions can be found at http://www.stardock.com/
Less commonly, trayserver.exe installs with Magix Movie Edit Pro version 14 or later. You'll find more information at http://www.magix.com/us/movie-edit-pro/?partnerid=9015.
Safe
Stardock
Magix AG