Premiere Elements 2.0 UNABLE TO LOCATE COMPONENT

I've restarted my computer several times this morning in hopes that the serious error message will go away - I go to burn a dvd and the microsoft msg pops up to report a problem. Also, when I restart my computer, I get the following message.
apdproxy.exe Unable To Locate Component
This application has failed to start because ConnAPI.DLL was not found.
Re-installing the application may fix this problem.
Then I have to hit 'OK'.
Any solutions?

See if this works:
http://kb.adobe.com/selfservice/viewContent.do?externalId=kb403011&sliceId=2

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