You might need to install the Microsoft .NET framework.
The application you are installing requires the Microsoft .NET Framework version 3.0 or superior to run. You can download the
Microsoft .NET Framework 3.0 Redistributable Package directly from Microsoft. When you run it, the installer downloads the actual framework components that need to be installed on your computer. Once you've installed the .NET framework, you can continue installing the application.
Windows Vista and Windows 7 comes with the .NET Framework 3.0 preinstalled