Urgent-Precalculation Service: Unable to create instance

Gurus,
I did install the SAP BW Precalculation Service on my desktop and did configure the Precalculation Service under SPRO->Administrate Precalculation Server. And after all that, whenever I started the Precalculation Server (via services) from the desktop the server at the BW end used to turn green. Until here everything was working a week back BUT! I got on to it again today and when I try and start the service on my desktop, I get the following error:
<b>Application has generated an exception that could not be handled
Process id=0xefc (3836), thread id=0X84c(2124).</b>
And when I try to uninstall (hoping I could re-install), I cannot even uninstall the same instead I get a different error:
<b>Unable to create an instance of the com.sap.bi.et.precalcultion.BExPrecWindowsService.ProjectInstaller installer type.->Exception has been thrown by the target of an invocation --> Security error.</b>
Can someone throw light on this please?
_RJA
Message was edited by: RJA

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