"Application has failed to start" Error

Product: Zoo 4.0
Summary: Solving the “Application has failed to start…” error.

I am trying to install the Zoo. But, I keep getting the following error when I try to run the Zoo Console.

You can receive this message if your Windows system does not have the most up-to-date Microsoft Runtime libraries installed. Download and install the following:

Microsoft Visual C++ 2005 Service Pack 1 Redistributable Package MFC Security Update

Note: Make sure you download and install the 32-bit, or x86, redistributable package. The file name to download is vcredist_x86.exe (2.6 MB).