This is a Microsoft issue that can occur after any Microsoft Update. Because the solution to this problem is unique to your particular setup you will need to contact Microsoft for support or try the solutions listed in the links below:
You may also find this helpful:
1. Download and install this redistributable:
2. Make sure KB2538218 is installed (you can see updates in your list of installed programs). (Run Windows Update)
3. (3) Make sure KB2467175 is not present.