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Application has encountered a p-r-o-b-l-e-m and needs to close. We are sorry for the inconvenience

I am receiving above mentoined error and Im NOT working with any programming code. I have been looking on google for a while to find a solution but none was found. Hopefully someone could help how to fix that errors. Since this discussion board (stackoverflow) is very active (few messages within single minute), I would like to kindly please you to keep an eye on the topic because it will get old very soon. Thank you in advance. Here is the list of what I have done so far:

  1. Checked (scanned) for viruses & malware with the following programs (all of them up to date): avast internet security, spybot search and destroy, adaware, malwarebytes antimalware, drweb cureit, superantispyware.

  2. Made sure there are no "bad" entries in the registry with the following programs: abexo, registry booster, ccleaner, pc health advisor.

  3. Cleaned all temporary files (cache etc) with the following programs: ccleaner, windows disk cleanup utility.

  4. Made sure in the Internet Explorer which is up to date in the Options are both entries, that are related to "script(ing)" ticked which means disabled.

  5. Made sure ALL drivers are up to date. I used program DriverScanner program and then I checked also manually.

  6. Uninstalled previouns version(s) of .NET Framework and installed 4.0

  7. Since im using XP, I updated SP2 to SP3.

  8. Tried to reinstall the application(s).

  9. Made sure that I have directx drivers that are up to date.

  10. Made sure that I have enough RAM to run the application(s).