Just installed a full retail Home Premium 64bit edition yesterday. GLBasic installs fine but when I come to run it I get:

Not got a clue how to fix this one :'(
Any help would be greatfully appreciated.
EDIT:
Forgot to say; When I first installed GLBasic it got to the "check for updates" and it also let me install the updates. Its only after that stage that I cannot now run the program from either the Shortcut or the Editor exe.
I have also tried different versions of vcredist.