I have VLM 3.0.0.120 installed on Windows Server 2003 SP2.
I start VLM
I select Tools, Preferences...
I get this message
Unhandled exception has occurred in a component in your application. If you click Continue, the application will ignore this error and attempt to continue.
External component has thrown an exception.
If I select Continue, the error message box closes and I return to the VLM home page.
Details are attached