PowerPoint showing side-by-side configuration error

I am using a laptop with the following system: Windows 7 Home Premium 64-bit. I was working on an application in PowerPoint and the following message appeared. I even searched the applications event log but everything seems to be just fine. Is there anyone that can tell me his recommendation?
D:SPSSIncStatistics17statistics.exe
The application has failed to start because its side-by-side configuration is incorrect. Please
see the application event log or use the command-line sxstrace.exe tool for more detail.
OK
