Thanks but "seems" you googled it as did I.
What I'm really looking for is someone who's hopefully a MS certified tech to answer this question definitively. It appears to be to be a Fonts list (followed by some coded language) but I don't know what app created it or if it's supposed to reside in the Application Data folder.
It's mentioned in a few of Computer associates malwares files and I guess "linkgrabber", "WebSearch Toolbar" and perhaps others but malware is notorious in that it alters what maybe a valid operational file.
edit:
Bingo.. solved it!
File is created when I run (ohhh how I hate to admit this)
Hallmark Card Studio
The fonts list in it made me try all the applications that might induce it's creation and low and behold after a process of trial and error ..mystery solved.