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Error 'The application failed to start because MSVCR100.DLL was not found' when running the license extension tool

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Information

 
EnvironmentProduct: Connect for ODBC driver (License Extension utility)
Version: all versions
OS: Windows
Database: all databases
Application: ddextwin.exe (License Extension Utility)
Question/Problem Description
When running the License Extension Utility (ddextwin.exe) on Windows the below error is returned.
Steps to Reproduce
Clarifying Information
 
 
Error MessageThe application failed to start because MSVCR100.DLL was not found. Re-installating the application may fix this problem.
Defect/Enhancement Number
Cause
Microsoft Visual Studio or the Microsoft C++ redistributable is a prerequisite for running this license utility in a Windows Environment.
Resolution
Install Microsoft Visual Studio or the Microsoft C++ redistributable to obtain a copy of the "C Runtime Library (CRT) for native code" (MSVCR100.DLL).
 
 
Workaround
Notes
Attachment 
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