Corel Embroidery System Utility – STANDBY.EXE
Standby.exe will be found in your c:\Program Files\Common Files\Corel\Standby\ folder. It installs with Corel DRAWings X3 and DRAWings 4. This software comes with the Corel DRAWstitch vector-based embroidery system. The standby utility makes it possible for DRAWings to put DrawStitch into standby mode when not in use. You'll find more information at http://www.drawstitch.com/.
It should be noted that "standby" is a common term used in relation to Windows sleep mode. So other programs or utilities may have a file by this name.
Safe
Corel