There is no virus by this name. However, we occasionally get queries about it, since the standard Microsoft Office installation put a macro named "PresentIt" to Word's macro list. This is a built-in application to move stuff from Word to Powerpoint, and is not a virus.
Depending on the settings of your F-Secure security product, it will either automatically delete, quarantine or rename the suspect file, or ask you for a desired action.
More information on the scanning and removal options available in your F-Secure product can be found in the Help Center.
You may also refer to the Knowledge Base on the F-Secure Community site for more information.