WaveLab Lite.exe is part of a product called known as WaveLab Lite and the developer is Steinberg Media Technologies .
If you think that this file contains a virus or another malware, please download a virus scanner.
If WaveLab Lite.exe is using too much CPU or too much memory in your system, it is possible that your file has been infected with a virus. Installing an antivirus is recommended.
Not all processes can be uninstalled without the help of a 3rd party tool, especially malware. To see if it can be uninstalled, first go to Start > Control Panel > Add/Remove programs and select WaveLab Lite from the list to remove the process WaveLab Lite.exe from your computer.
If you have any problems with WaveLab Lite.exe, you may try using a registry cleaner or a speed-up software to check, analyze, and fix problems that are affecting the performance of your computer.
You may try contacting Steinberg Media Technologies, the developer of WaveLab Lite.exe and ask for more information.