EasyBCD 2 fails to initialise

I have tried several times to install EasyBCD 2 and every time I get the "Failed to initialize. Error Code 0xc0000135. Click OK to terminate.
Triple checked for virus etc. Has XP and Win7 on separate partitions. Currently installing in XP. Acer Aspire Laptop.
Help Please.:frowning:
EasyBCD is a .NET application
You must install .NET 2.0 framework on XP as a pre-requisite
(Windows Update Custom optional)
Vista/7 systems come with .NET by default. EasyBCD will work there without problems.