Probable cause: MicroSoft VC90 libraries not found
If you encounter this error message, the most common cause is that the operating system is missing the right version of the Microsoft run-time libraries. These must appear in the so-called side-by-side assemblies folder under the system directory. And the exact versions must be available. To solve this, install the redistributable versions of these libraries via the "vcredist.exe" executable. You can find it at the MicroSoft Download Center.
Make sure that the version is "8.050727.762".
After running this installation program, you should see a set of subdirectories under "c:\windows\winsxs" with a name like "x86_Microsoft.VC80.CRT_...._8.050727.762_x-ww-....". This directory contains the files msvcp80.dll, msvcr80.dll and msvcm80.dll.
