Happens for applications that are built with AI 4.6.1 or earlier.
Reason: The MSVCR71.DLL file has moved to the bin folder of JRE 1.6. It used to be installed by the early JREs in the system32 folder.
The solution implemented in AI 4.6.2 was to add the bin folder to the PATH environment variable.
To solve this problem for installed applications, manually copy or install MSVCR71.DLL in the "system32" folder.