I found the fix. It turns out you need a hotfix version of the Visual C++ 2205 redistributable. Here is a link to it. http://code.msdn.microsoft.com/KB961894
I noticed that there was an issue that appeared in the Action Center on the lower right side of the screen. My question is why does this error occur in the first place? I'm surprised that this version of the redistributable isn't included in the installation package of ATI's display driver.
I just purchased an ATI 5570 to install on my machine with Windows 7 Pro 64-bit. I went to ATI's site to download the 10.3 driver with CCC. I started the install process and right after I choose the option to "Install," windows chimes saying that the program was not installed correctly. I try again using the recommended settings according to Windows. I get back to the point where I can choose to "Install" or "UnInstall." I of course choose "Install." It appears that something is about to load for a few seconds then nothing. I have done a bit of research on the issue and one of the common fixes seems to be that the Visual C++ redistributable needs to be downloaded and installed. I went ahead and did that with both the 2005 and 2008 versions with no success.
Is there anything else that needs to be done? Any help is greatly appreciated.