Failed to execute - Side-by-side configuration error

I downloaded the latest version of free Avast Internet Security, and i get the error “The application has failed to start because its side-by-side configuration is incorrect. Please see the application event log for more detail.” when I try to execute the program from the desktop.

The event log doesn’t provide any information I can make use of, but I know how to find it if necessary.

I read somewhere this could be something to do with a C++ issue, but didn’t get the exact solution.

Can anyone help me please?

Download & install: http://www.microsoft.com/downloads/details.aspx?FamilyID=9b2da534-3e03-4391-8a4d-074b9f2bc1bf&displaylang=en

Will this help?
http://forum.avast.com/index.php?topic=56366.msg475772#msg475772
http://forum.avast.com/index.php?topic=59220.msg500384#msg500384
http://forum.avast.com/index.php?topic=54757.msg465614#msg465614
http://forum.avast.com/index.php?topic=58629.msg494150#msg494150