Upgrade Internet2
Also known as Perrin

This appears to be not so much a hoax as a misguided attempt to be helpful. The email being distributed lists a combination of actual virus names and actual hoax names. Full text follows:

For your info:

Another Virus Alert.

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PLEASE, SEND THIS INFORMATION TO EVERY PERSON IN YOUR ADDRESS BOOK. IF YOU RECEIVE AN E-MAIL THAT READS "UPGRADE INTERNET2" DO NOT OPEN IT, AS IT CONTAINS AN EXECUTABLE NAMED >> "PERRIN.EXE." IT WILL ERASE ALL THe DATA IN YOUR HARD DRIVE AND IT WILL STAY IN MEMORY. EVERY TIME THAT YOU UPLOAD ANY DATA, IT WILL BE AUTOMATICALLY ERASED AND WILL NOT BE ABLE TO USE YOUR COMPUTER AGAIN. THIS INFORMATION WAS PUBLISHED YESTERDAY IN THE CNN WEB SITE. THIS IS A VERY DANGEROUS VIRUS. TO THIS DATE, THERE IS NO KNOWN ANTIVIRUS PROGRAM FOR THIS PARTICULAR VIRUS PLEASE, FORWARD THIS INFORMATION TO YOUR FRIENDS, SO THAT THEY WILL BE ON THE ALERT. ALSO CHECK THE LIST BELOW, SENT BY IBM, WITH THE NAMES OF SOME E-MAILS THAT, IF RECEIVED, SHOULD NOT BE OPENED AND MUST BE DELETED IMMEDIATELY, BECAUSE THEY CONTAIN ATTACHED VIRUSES. THIS WAY YOUR COMPUTER WILL BE SAFE.

THE TITLES ARE:

1) buddylst.exe
2) calcu18r.exe
3) deathpr.exe
4) einstein.exe
5) happ.exe
6) girls.exe
7) happy99.exe
8) japanese.exe
9) keypress.exe
10) kitty.exe
11) monday.exe
12) teletubb.exe
13) The Phantom Menace
14) prettypark.exe
15) UP-GRADE INTERNET2
16) perrin.exe
17) I love You
18) CELCOM Screen Saver o CELSAVER.EXE
19) Win a Holiday (e-mail)
20) JOIN THE CREW O PENPALS

As with all such hoaxes, ignore it and do not pass it along. To better understand the damage hoaxes CAN cause, check out the article, The Hoax That Cried Virus. If you're still in doubt as to whether a particular warning is valid, post a message in the Forum for feedback. If you want to help stymie the spread of a hoax, check out the Hoaxes and Myths section for tips and info. Still can't find what your looking for? Visit Urban Legends for an exhaustive list of non-computer related myths and hoaxes (and some that are erroneous virus warnings).