TSVNCache.exe fails to launch after upgrade to 1.5.1.13563 (32-bit Vista)

After upgrading from 1.5.0 to 1.5.1.13563 (32-bit), TSVNCache.exe fails to launch. My operating system is 32-bit Vista. When attempting to interactively run the application, the following error is displayed:

"The application has failed to start because its side-by-side configuration is incorrect. Please see the application event log for more detail."

The corresponding application event log shows the following information:

"Activation context generation failed for "C:\Program Files\TortoiseSVN\bin\TortoiseSVN.dll". Dependent Assembly Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.30411.0" could not be found. Please use sxstrace.exe for detailed diagnosis."

When I used sxstrace.exe, here's the trace contents:

=================
Begin Activation Context Generation.
Input Parameter:
        Flags = 0
        ProcessorArchitecture = x86
        CultureFallBacks = en-US;en
        ManifestPath = C:\Program Files\TortoiseSVN\bin\TSVNCache.exe
        AssemblyDirectory = C:\Program Files\TortoiseSVN\bin\
        Application Config File =
-----------------
INFO: Parsing Manifest File C:\Program Files\TortoiseSVN\bin\TSVNCache.exe.
        INFO: Manifest Definition Identity is (null).
        INFO: Reference: Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8"
        INFO: Reference: Microsoft.Windows.Common-Controls,language="*",processorArchitecture="*",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.0.0"
        INFO: Reference: Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.30411.0"
INFO: Resolving reference Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8".
        INFO: Resolving reference for ProcessorArchitecture x86.
                INFO: Resolving reference for culture Neutral.
                        INFO: Applying Binding Policy.
                                INFO: Find publisher policy at C:\Windows\WinSxS\manifests\x86_policy.9.0.microsoft.vc90.crt_1fc8b3b9a1e18e3b_9.0.21022.8_none_60a5df56e60dc5df.manifest
                                INFO: Publisher Policy redirected assembly version.
                                INFO: Post policy assembly identity is Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8".
                        INFO: Begin assembly probing.
                                INFO: Attempt to probe manifest at C:\Windows\WinSxS\manifests\x86_microsoft.vc90.crt_1fc8b3b9a1e18e3b_9.0.21022.8_none_bcb86ed6ac711f91.manifest.
                                INFO: Manifest found at C:\Windows\WinSxS\manifests\x86_microsoft.vc90.crt_1fc8b3b9a1e18e3b_9.0.21022.8_none_bcb86ed6ac711f91.manifest.
                        INFO: End assembly probing.
INFO: Resolving reference Microsoft.VC90.CRT.mui,language="*",processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.21022.8".
        INFO: Resolving reference for ProcessorArchitecture x86.
                INFO: Resolving reference for culture en-US.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.VC90.CRT.mui\9.0.21022.8_en-US_1fc8b3b9a1e18e3b\Microsoft.VC90.CRT.mui.DLL.
                                INFO: Did not find manifest for culture en-US.
                        INFO: End assembly probing.
                INFO: Resolving reference for culture en.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.VC90.CRT.mui\9.0.21022.8_en_1fc8b3b9a1e18e3b\Microsoft.VC90.CRT.mui.DLL.
                                INFO: Did not find manifest for culture en.
                        INFO: End assembly probing.
INFO: Resolving reference Microsoft.Windows.Common-Controls,language="*",processorArchitecture="*",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.0.0".
        INFO: Resolving reference for ProcessorArchitecture x86.
                INFO: Resolving reference for culture en-US.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                                INFO: Did not find manifest for culture en-US.
                        INFO: End assembly probing.
                INFO: Resolving reference for culture en.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                                INFO: Did not find manifest for culture en.
                        INFO: End assembly probing.
                INFO: Resolving reference for culture Neutral.
                        INFO: Applying Binding Policy.
                                INFO: Auto Servicing Policy redirected assembly version.
                                INFO: Post policy assembly identity is Microsoft.Windows.Common-Controls,processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.6001.18000".
                        INFO: Begin assembly probing.
                                INFO: Attempt to probe manifest at C:\Windows\WinSxS\manifests\x86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.6001.18000_none_5cdbaa5a083979cc.manifest.
                                INFO: Manifest found at C:\Windows\WinSxS\manifests\x86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.6001.18000_none_5cdbaa5a083979cc.manifest.
                        INFO: End assembly probing.
INFO: Resolving reference Microsoft.Windows.Common-Controls.mui,language="*",processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.6001.18000".
        INFO: Resolving reference for ProcessorArchitecture x86.
                INFO: Resolving reference for culture en-US.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.6001.18000_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                                INFO: Did not find manifest for culture en-US.
                        INFO: End assembly probing.
                INFO: Resolving reference for culture en.
                        INFO: Applying Binding Policy.
                                INFO: No publisher policy found.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.6001.18000_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                                INFO: Did not find manifest for culture en.
                        INFO: End assembly probing.
INFO: Resolving reference Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.30411.0".
        INFO: Resolving reference for ProcessorArchitecture x86.
                INFO: Resolving reference for culture Neutral.
                        INFO: Applying Binding Policy.
                                INFO: No binding policy redirect found.
                        INFO: Begin assembly probing.
                                INFO: Did not find the assembly in WinSxS.
                                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.VC90.CRT\9.0.30411.0__1fc8b3b9a1e18e3b\Microsoft.VC90.CRT.DLL.
                                INFO: Attempt to probe manifest at C:\Program Files\TortoiseSVN\bin\Microsoft.VC90.CRT.DLL.
                                INFO: Attempt to probe manifest at C:\Program Files\TortoiseSVN\bin\Microsoft.VC90.CRT.MANIFEST.
                                INFO: Attempt to probe manifest at C:\Program Files\TortoiseSVN\bin\Microsoft.VC90.CRT\Microsoft.VC90.CRT.DLL.
                                INFO: Attempt to probe manifest at C:\Program Files\TortoiseSVN\bin\Microsoft.VC90.CRT\Microsoft.VC90.CRT.MANIFEST.
                                INFO: Did not find manifest for culture Neutral.
                        INFO: End assembly probing.
        ERROR: Cannot resolve reference Microsoft.VC90.CRT,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="9.0.30411.0".
ERROR: Activation Context generation failed.
End Activation Context Generation.

--
Jacob
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