flipservice.exe is a application which is probably legit. So, if flipservice.exe is on your system, it is probably ok, and will NOT cause problems. Even if your PC is clean, we still advise you to run a good antivirus with a good track record, in order to yourself your PC against threats.
Usually, this application is stored in C:\Program Files\ASUS\ASUS FlipLock\FlipService.exe.
The MD5 checksum for this file is 08f611bc9db13462ea22fceb8ce659bd.
This program is a Windows service. This means it operates on your PC in background, usually without displaying any user interface to you. Most Windows services are ok programs, which perform useful functions to other programs or to Windows in general.
This exe runs in 32-bit mode. It does not use the entire power of current computer processors. This is quite normal because the authors did not upgrade it to use the x64 instruction set.
The description written in the file is FlipService_GMR.
File version 220.127.116.11.
Legal copyright notice Copyright © 2014.
A digital signature is missing from this program. The maker did not bother to sign it. This is usually bad.
It has an uninstall string in registry, which is good. si are uninstall.