Error 1 when running Corel Draw X5 Trial

I am trying to get a trial version of Corel Draw X5 running on Win 7, but I always get error 1 when trying to start.

I downloaded from different sources (Corel Draw website as well as others) and tried different languages, always same.

I deactivated my Antivirus when installing (currently only Threatfire), same result.

I tried to repair the installation, no change.

I tried different compatibility modes, still no change.

I even get the same error when trying Corel Draw X4.

Protexis and FLEXnet Licensing services are both running.

OS is Win 7 Home Premium.

Capture and Connect are both starting, but Draw and Photopaint always fail with error 1.

 

Any suggestions?

- Hal.