Problems with Web Project

I'm having trouble getting started with the application.

I have a Web Project I'm trying to test with Ants Performance Profier and I keep getting this error

Creating an instance of the COM component with CLSID {0002DF01-0000-0000-C000-000000000046} from the IClassFactory failed due to the following error: 80004005.
System.Runtime.InteropServices.COMException
at bs.a(Boolean )
at bs.a(Uri )
at bt.LaunchFrontEndProcess()
at RedGate.Profiler.Session.ProfilerSession.g()
at RedGate.Profiler.Session.ProfilerSession.h()


I used the ASP.NET web application (hosted in IIS)
URL : http://localhost:81/
Profiling mode : (most detail)
Default timing: CPU
Profile child process : yes
IIS version : 5
.NET version : 2.0

any ideas what is going wrong ??

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