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I also have an X50v running WM 2003 SE and there is no SBstart.exe file on my device.
Since you get the message on start up (after a soft reset) it must have belonged to an application that your X50v is trying to run on start up.
With a file explorer go to My Device\Windows\Startup and you will see .lnk shortcut files to all the apps that are run on start up. Identify the SB app and re-install it if you want to run it or else delete the .lnk file from the Startup folder.
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