Unable to install ACT! Pro 2012 on Windows 7 Ultimate under Parallels 10

[ellis@exptechnical.…]

My customer has ACT! Pro 2012 database running on a Windows 2008 server, and has had users accessing it from PCs and one MacBook running Parallels for a couple of years no.  I am trying to install it on two new MacBooks running Windows 7 Ultimate 64 bit under Parallels Desktop 10 for Mac, but it is failing because of a problem with SQL.  The error is:

Problem signature:

  Problem Event Name:                                             CLR20r3

  Problem Signature 01:                                            setup100.exe

  Problem Signature 02:                                            10.50.1600.1

  Problem Signature 03:                                            4bb6742c

  Problem Signature 04:                                            mscorlib

  Problem Signature 05:                                            4.0.0.0

  Problem Signature 06:                                            53b4fc1e

  Problem Signature 07:                                            472a

  Problem Signature 08:                                            42

  Problem Signature 09:                                            System.Security.Security

  OS Version:                   6.1.7601.2.1.0.256.1

  Locale ID:                       1033

  Additional Information 1:                                         4988

  Additional Information 2:                                         4988c0cbb0517802275cfdfae05baf83

  Additional Information 3:                                         7eb2

  Additional Information 4:                                         7eb20e003074d24b2a1dd7cba6c10104

Can anyone point me in a direction to correct this installation problem?

Thanks!