To work around this issue, modify the application's .config file and add <supportedRuntime version="v2.0.50727" /> under the <startup> node and restart the application.
Steps to reproduce.
Product Bug Number:
Author ID (email alias): derriw
Writer ID(email alias): jchornbe
Tech Review ID (email alias): virttechreview
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Confirm Article released for Publishing: Yes/No
Article ID: 2791762 - Last Review: Dec 17, 2012 - Revision: 1