Error in launching QuickBooks Statement Writer (QSW) 2012

Hello all
I have recently started using QuickBooks, and when I tried to launch the QuickBooks statement writer 2012 (QSW), I get an error.
The screenshot of the error is as follows:

There was an error in launching QuickBooks Statement Writer.
OK
Does anyone know what might be the reason behind this error.
Any help will be highly appreciated.
Kindest regards.
