SxsTrace

run the Command prompt with admin rights [1] and run this command:

SxsTrace Trace -logfile:SxsTrace.etl

Now run the programm which causes the SideBySide error.

Go back to the command prompt press ENTER to generate the SxsTrace.etl. Now type this:

sxstrace Parse -logfile:SxSTrace.etl -outfile:SxSTrace.txt

Now open the SxSTrace.txt trace and look which VC++ runtime is missing.

If you are unsure, please upload the complete SxSTrace.txt to your SkyDrive and post a link here.

[1] http://windows.microsoft.com/en-US/windows7/How-do-I-run-an-application-once-with-a-full-administrator-access-token