The following issues are fixed in the Hotfix package:
When you try to run SmarTerm Essentials as a virtual application, SmarTerm Essentials may not start because it cannot validate its license.
get the new Hotfix here: http://support.microsoft.com/?kbid=959834
Hope it helps ,
Kenny Buntinx
The following issues are fixed in the Hotfix package: Empty virtual directories may become inaccessible