This same problem happens on 2 out of 3 of my computers. The ones that are having issues had a crash during update process. I've tried installing a fresh copy but still same error occurs. I've added you as a friend Tony on live support.
PS.
Found my solution on the actual ARelog forum/post. Right click on arelog, properties, compatability tab, check "run this program as administrator". Re-launch the program. Worked for me on win7. Only problem was that it deleted all my saved login profiles, but i can live with that.