Can't launch in Win7 32-bit

Download and launch Crashtastic.exe, get error:

The application has failed to start because its side-by-side configuration is incorrect. Please see the application event log or use the command-line sxstrace.exe tool for more detail.

SxsTrace parsed output:

=================

Begin Activation Context Generation.

Input Parameter:

Flags = 0

ProcessorArchitecture = x86

CultureFallBacks = en-US;en

ManifestPath = C:\Users\MacBook\Desktop\Crashtastic\Crashtastic.exe

AssemblyDirectory = C:\Users\MacBook\Desktop\Crashtastic\

Application Config File = 

-----------------

INFO: Parsing Manifest File C:\Users\MacBook\Desktop\Crashtastic\Crashtastic.exe.

INFO: Manifest Definition Identity is (null).

INFO: Reference: Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8"

INFO: Resolving reference Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8".

INFO: Resolving reference for ProcessorArchitecture x86.

INFO: Resolving reference for culture Neutral.

INFO: Applying Binding Policy.

INFO: No publisher policy found.

INFO: No binding policy redirect found.

INFO: Begin assembly probing.

INFO: Did not find the assembly in WinSxS.

INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.VC90.CRT\9.0.21022.8__1fc8b3b9a1e18e3b\Microsoft.VC90.CRT.DLL.

INFO: Attempt to probe manifest at C:\Users\MacBook\Desktop\Crashtastic\Microsoft.VC90.CRT.DLL.

INFO: Attempt to probe manifest at C:\Users\MacBook\Desktop\Crashtastic\Microsoft.VC90.CRT.MANIFEST.

INFO: Attempt to probe manifest at C:\Users\MacBook\Desktop\Crashtastic\Microsoft.VC90.CRT\Microsoft.VC90.CRT.DLL.

INFO: Attempt to probe manifest at C:\Users\MacBook\Desktop\Crashtastic\Microsoft.VC90.CRT\Microsoft.VC90.CRT.MANIFEST.

INFO: Did not find manifest for culture Neutral.

INFO: End assembly probing.

ERROR: Cannot resolve reference Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8".

ERROR: Activation Context generation failed.

End Activation Context Generation.