Created Issue: System.IO.FileNotFoundException: The system cannot find the file specified. (Exception from HRESULT: 0x80070002) [6233]

I am using BizTalk Build Generator v1.0.0.0 and BizTalk 2006 R2 on Windows XP service pack 3.

When I start BizTalk Build Generator as below I get the error detailed below.
File -> New -> Next and then select the BizTalk Application name and Output directory -> Next

-----------------------------------------------------------------------------------------------------------------------
See the end of this message for details on invoking
just-in-time (JIT) debugging instead of this dialog box.

************** Exception Text **************
System.IO.FileNotFoundException: The system cannot find the file specified. (Exception from HRESULT: 0x80070002)
at System.Reflection.Assembly.nLoadFile(String path, Evidence evidence)
at System.Reflection.Assembly.LoadFile(String path)
at BizTalk.BuildGenerator.BizTalkHelper.AddResourceReferences(Resource resource, ApplicationResource applicationResource)
at BizTalk.BuildGenerator.BizTalkHelper.DescribeApplication(String applicationName)
at BizTalk.BuildGenerator.UI.UserControls.ApplicationDescriptionControl.GetDescription()
at BizTalk.BuildGenerator.UI.UserControls.ApplicationDescriptionControl.MoveNext()
at BizTalk.BuildGenerator.UI.WizardForm.ChooseApplicationPage_BeforeMoveNext(Object sender, CancelEventArgs e)
at Divelements.WizardFramework.WizardPageBase.OnBeforeMoveNext(CancelEventArgs e)
at Divelements.WizardFramework.Wizard.GoNext()
at Divelements.WizardFramework.Wizard.c(Object A_0, EventArgs A_1)
at System.Windows.Forms.Control.OnClick(EventArgs e)
at System.Windows.Forms.Button.OnClick(EventArgs e)
at System.Windows.Forms.Button.WndProc(Message& m)
at System.Windows.Forms.Control.ControlNativeWindow.OnMessage(Message& m)
at System.Windows.Forms.Control.ControlNativeWindow.WndProc(Message& m)
at System.Windows.Forms.NativeWindow.Callback(IntPtr hWnd, Int32 msg, IntPtr wparam, IntPtr lparam)


************** Loaded Assemblies **************
mscorlib
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3082 (QFE.050727-3000)
CodeBase: file:///c:/WINDOWS/Microsoft.NET/Framework/v2.0.50727/mscorlib.dll
----------------------------------------
BizTalk.BuildGenerator.UI
Assembly Version: 1.0.0.0
Win32 Version: 1.0.0.0
CodeBase: file:///C:/Program%20Files/BizTalkMsBuildTool/BizTalk%20Build%20Generator/BizTalk.BuildGenerator.UI.exe
----------------------------------------
System.Windows.Forms
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Windows.Forms/2.0.0.0__b77a5c561934e089/System.Windows.Forms.dll
----------------------------------------
System
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System/2.0.0.0__b77a5c561934e089/System.dll
----------------------------------------
System.Drawing
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Drawing/2.0.0.0__b03f5f7f11d50a3a/System.Drawing.dll
----------------------------------------
System.Configuration
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Configuration/2.0.0.0__b03f5f7f11d50a3a/System.Configuration.dll
----------------------------------------
System.Xml
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3082 (QFE.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Xml/2.0.0.0__b77a5c561934e089/System.Xml.dll
----------------------------------------
BizTalk.BuildGenerator
Assembly Version: 1.0.0.0
Win32 Version: 1.0.0.0
CodeBase: file:///C:/Program%20Files/BizTalkMsBuildTool/BizTalk%20Build%20Generator/BizTalk.BuildGenerator.DLL
----------------------------------------
WizardFramework
Assembly Version: 1.0.1.0
Win32 Version: 1.0.1.0
CodeBase: file:///C:/Program%20Files/BizTalkMsBuildTool/BizTalk%20Build%20Generator/WizardFramework.DLL
----------------------------------------
System.Design
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Design/2.0.0.0__b03f5f7f11d50a3a/System.Design.dll
----------------------------------------
Microsoft.BizTalk.ApplicationDeployment.Engine
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.ApplicationDeployment.Engine/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.ApplicationDeployment.Engine.dll
----------------------------------------
System.EnterpriseServices
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_32/System.EnterpriseServices/2.0.0.0__b03f5f7f11d50a3a/System.EnterpriseServices.dll
----------------------------------------
Microsoft.BizTalk.Admin
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.Admin/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.Admin.dll
----------------------------------------
Microsoft.XLANGs.RuntimeTypes
Assembly Version: 3.0.1.0
Win32 Version: 3.8.368.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.XLANGs.RuntimeTypes/3.0.1.0__31bf3856ad364e35/Microsoft.XLANGs.RuntimeTypes.dll
----------------------------------------
Microsoft.BizTalk.Tracing
Assembly Version: 3.0.1.0
Win32 Version: 3.8.368.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.Tracing/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.Tracing.dll
----------------------------------------
System.Configuration.Install
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/System.Configuration.Install/2.0.0.0__b03f5f7f11d50a3a/System.Configuration.Install.dll
----------------------------------------
System.Data
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_32/System.Data/2.0.0.0__b77a5c561934e089/System.Data.dll
----------------------------------------
Microsoft.BizTalk.ExplorerOM
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1486.2
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.ExplorerOM/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.ExplorerOM.dll
----------------------------------------
Microsoft.RuleEngine
Assembly Version: 3.0.1.0
Win32 Version: 3.8.368.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.RuleEngine/3.0.1.0__31bf3856ad364e35/Microsoft.RuleEngine.dll
----------------------------------------
Microsoft.BizTalk.RuleEngineExtensions
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.RuleEngineExtensions/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.RuleEngineExtensions.dll
----------------------------------------
Microsoft.BizTalk.BtsDbVersion
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.BtsDbVersion/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.BtsDbVersion.dll
----------------------------------------
System.Transactions
Assembly Version: 2.0.0.0
Win32 Version: 2.0.50727.3053 (netfxsp.050727-3000)
CodeBase: file:///C:/WINDOWS/assembly/GAC_32/System.Transactions/2.0.0.0__b77a5c561934e089/System.Transactions.dll
----------------------------------------
Microsoft.BizTalk.Interop.Agent
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.Interop.Agent/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.Interop.Agent.dll
----------------------------------------
Microsoft.BizTalk.ApplicationDeployment.Engine.XmlSerializers
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.ApplicationDeployment.Engine.XmlSerializers/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.ApplicationDeployment.Engine.XmlSerializers.dll
----------------------------------------
Microsoft.BizTalk.ResourceManagers
Assembly Version: 3.0.1.0
Win32 Version: 3.6.1404.0
CodeBase: file:///C:/WINDOWS/assembly/GAC_MSIL/Microsoft.BizTalk.ResourceManagers/3.0.1.0__31bf3856ad364e35/Microsoft.BizTalk.ResourceManagers.dll
----------------------------------------

************** JIT Debugging **************
To enable just-in-time (JIT) debugging, the .config file for this
application or computer (machine.config) must have the
jitDebugging value set in the system.windows.forms section.
The application must also be compiled with debugging
enabled.

For example:

<configuration>
<system.windows.forms jitDebugging="true" />
</configuration>

When JIT debugging is enabled, any unhandled exception
will be sent to the JIT debugger registered on the computer
rather than be handled by this dialog box.