I'm no expert of Antivirus software, but figuring whether something is a threat by its _folder name_ ??? With all the money going into the industry? That has to be some sort of april fool's prank gone really bad.
Of course, these guys are not even trying.
That said, "security appliances" and other magical solutions tend to be rather imperfect. tptacek (of http://insecure.org/stf/secnet_ids/secnet_ids.pdf) may have something to say about that, too.
It stinks of proprietary crap and I wonder what it would look like if they took a more OSS approach? When you can't even talk about XSS testing without a bit of prodding as if it's something exceptional it really makes me wonder what on earth these guys are selling.
Don't forget that lots of "programmers" are barely-skilled and working on VBA macros - one label can cover a wide range of skill.