How Do I Resolve 'Failed To Load StaticDB' Error Message?

On some installations, OMRON software will give the following error message on startup:

Failed to load StaticDB

This is due to the operating system missing some support files from Microsoft.

By installing the Microsoft MSXML services as seen on URL below, support is added:
Security Update for Microsoft XML Core Services 4.0 Service Pack 3 (KB2758694)

The error condition should then be resolved.