PSIsafe Troubleshooting: Issue 01.06: File as PDF or Change Image Format to PDF throws error

Problem: 

If the customer has OCR License, File as PDF or Change Image Format to PDF or file as PDF from Batch throws the following error:

The application has failed to start because its side-by-side configuration is incorrect. Please
see the application event log or use the command-line sxstrace.exe tool for more detail.

Solution:

Close SAFE and reinstall the redistributable vc2008redist_x86.exe.