print spooler problem

Tech Support Guy System Info Utility version 1.0.0.2
OS Version: Microsoft Windows 7 Home Premium, Service Pack 1, 64 bit
Processor: Intel(R) Core(TM) i5-2430M CPU @ 2.40GHz, Intel64 Family 6 Model 42 Stepping 7
Processor Count: 4
RAM: 6049 Mb
Graphics Card: Intel(R) HD Graphics Family, -1263 Mb
Hard Drives: C: Total - 584878 MB, Free - 530269 MB;
Motherboard: ASUSTeK Computer Inc., U56E
Antivirus: Trend Micro Titanium Maximum Security, Updated: Yes, On-Demand Scanner: Enabled

Can not start print spooler and upon examining sys32 files found this entry which I believe is a virus causing this problem:
'C:\Windows\System32\spool\PRINTERS' is not recognized as an internal or external 1 command, operable program or batch file.

Can not print or install any printers since this showed up.