Not just for this program, this error occurs due to the absence of the Microsoft .NET framework,
Error 0x0000135 Application failed to initialize correctly.
Solution: You need the Microsoft .NET framework,
As of this article, there were versions 1, 1.1, 2, 3, and 3.5, with different service packs. The program should indicate the best version. When in doubt, install the latest one,
http://download.microsoft.com/download/a/a/c/aac39226-8825-44ce-90e3-bf8203e74006/dotnetfx.exe
Or search on Google for Microsoft .NET framework
In English: Application failed to initialize (0x0000135)
