X5 on Windows 7 64-bit

I see from elsewhere a few people have had diverse problems with Corel Draw on Windows 7, but can’t find my particular issue.

Installed Corel Draw Graphics Suite X5 (trial version), Windows 7 64-bit, SP1. (This is on a laptop made available by our IT department for testing prior to a move from XP to Windows 7.)

There was no problem with installation, but when I try to run Draw or Photopaint, I get an error message:

'The application has failed to start because its side-by-side configuration is incorrect. Please see the application event log or use the command sxstrace.exe tool for more detail.'

The event log reads:

'Activation context generation failed for "C:\Program Files (x86)\Corel\CorelDRAW Graphics Suite X5\Programs\CorelDRW.exe". Dependent Assembly Microsoft.VC90.OpenMP,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8" could not be found. Please use sxstrace.exe for detailed diagnosis.'

The sxstrace.exe tool appears somewhat complicated to explore just now.

Any thoughts?

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