ResHacker finds the following information when pointed at this EXE:
VALUE "CompanyName", "Macromedia, Inc."
VALUE "FileDescription", "Macromedia Flash Player 6.0 r79"
VALUE "FileVersion", "6,0,79,0"
VALUE "InternalName", "Macromedia Flash Player 6.0"
VALUE "LegalCopyright", "Copyright © 1996-2003 Macromedia, Inc."
VALUE "LegalTrademarks", "Macromedia Flash Player"
VALUE "OriginalFilename", "SAFlashPlayer.exe"
VALUE "ProductName", "Shockwave Flash"
VALUE "ProductVersion", "6,0,79,0"
It also finds a bunch of menus and popup dialog boxes whcih look very strange for a Smartphone app - there are four top-level menus, for instance.
On that basis I tried running it on my PocketPC, and lo-and-behold all the menus and so on appear.
So what I think we have here is probably the bog-standard standalone PocketPC Flash player. But since it's confirmed working on Smartphones, albeit with no resize, no exit, and so on, I think bu_kandar83 has stumbled on something useful.
Now, I wonder if we/I/someone could write a Smartphone app to send events to this thing (like a QUIT or RESIZE event) to make up for the menus and buttons that aren't available. I'm sure such a thing should be possible...