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Premiere Elements 12 crashes during video editor launch

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I have tried installing this as a trial and as a licensed version, both from a DVD and from the desktop.  I get the following crash during startup of the video editor:

 

Problem signature:

  Problem Event Name: APPCRASH

  Application Name: Adobe Premiere Elements.exe

  Application Version: 12.0.0.0

  Application Timestamp: 523cd4d5

  Fault Module Name: dvacore.dll

  Fault Module Version: 11.0.0.0

  Fault Module Timestamp: 523cc5bf

  Exception Code: c00000fd

  Exception Offset: 00000000000698b6

  OS Version: 6.1.7601.2.1.0.256.48

  Locale ID: 1033

  Additional Information 1: fac2

  Additional Information 2: fac2a5e0455ddc953003a7d6737e6f56

  Additional Information 3: 849e

  Additional Information 4: 849e9f8e49e92f5a6249cde48a76ced7

 

I have done the following to try to fix this issue:

  • Uninstalled and reinstalled Premiere Elements as noted above, along with deleting existing files.
  • Uninstalled/reinstalled Quicktime.
  • Updated all Windows Drivers.
  • Updated Video and Sound drivers.
  • Disk Cleanup
  • Disk Defragmenter

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