DAX Error - Library not registered (MMTools components)

The error is related to the MMTools components* not getting properly registered during the software installation.
Currently, it has not been determined why there are problems with component registration on some systems, but not others.  However, the following should resolve your issue.
* (used for display readouts and signal processing)

NOTE:  Vista and Windows7 users must be logged on a user account with Administrator rights.

Please report any error message you encounter when following these steps:

NOTE: THE FIXES LISTED BELOW CAN BE FOUND IN YOUR PROGRAM'S INSTALLATION FOLDER UNDER
"redistribution\MMTools"
IT IS NOT REQUIRED TO DOWNLOAD THEM FROM THE INTERNET.

Issue verification:
1) Download (save it to disk) www.beyondvr.net/downloads/MMToolsCheck.exe
2) Run "MMToolsCheck.exe".  It is unlikely this program will work - this step is for issue verification.
    If "MMToolsCheck.exe" works, try your main application again.
    If "MMToolsCheck.exe" works, but your main application doesn't, please stop and contact support@beyondvr.net

If (as expected) "MMToolsCheck.exe" fails to work, please do the following:

Download and run the MMTools component registration fix:
1) Download (save it to disk) and Run www.beyondvr.net/downloads/MMToolsFix.exe
2) Run "MMToolsCheck.exe" again to see if the problem is resolved.  "MMToolsFix.exe" will most likely fix the issue.
    If "MMToolsCheck.exe" does not work, reboot the computer and try "MMToolsCheck.exe" again.
    If "MMToolsCheck.exe" does not work after a reboot, please immediately contact support@beyondvr.net

DO NOT RUN THE FIX PROGRAMS DIRECTLY FROM THE INTERNET.
DOWNLOAD THEM TO, AND RUN THEM DIRECTLY FROM THE COMPUTER.