Pandion installation problem?

Pandion installs successfully however at time opening I get following error:
"Pandion.exe has encountered a problem and needs to close"

The error log is as follows:
<?xml version="1.0" encoding="UTF-16"?>
<database>
<exe name="Pandion.exe">
<matching_file name="libbind.dll">
</matching_file><matching_file name="Pandion.exe">
</matching_file><matching_file name="Uninstall.exe">
</matching_file></exe>
<exe name="kernel32.dll">
<matching_file name="kernel32.dll">
</matching_file></exe>
</database>