V3 Server will not start [solved]

V2 runs fine on my local machine but I've just grabbed V3 and it will not start. Any ideas?

Log is showing:

6100: 13:37:59.859 - ---
6100: 13:37:59.859 - Service: "Photon Socket Server" starting
6100: 13:37:59.859 - Config File: \code\Unity Projects\utilities\Photon 3\Server SDK\deploy\bin_Win32_xp\PhotonServer.config
6100: 13:37:59.859 - Will NOT produce crash dumps
6100: 13:37:59.859 -
6100: 13:37:59.859 - WARNING: ***************************************************************
6100: 13:37:59.859 - WARNING: Photon has been built to operate on an operating system earlier than Windows Vista.
6100: 13:37:59.859 - WARNING: Performance will not be as good as when built for Windows Vista or later.
6100: 13:37:59.859 - WARNING: ***************************************************************
6100: 13:37:59.859 -
6100: 13:37:59.859 - Server Starting...
6100: 13:37:59.859 - CService::OnException() - Exception: CJob::IsProcessInJob() - Access is denied.
6100: 13:37:59.859 - Server shutting down...
6100: 13:37:59.859 - Shutting down socket servers...
6100: 13:37:59.859 - Destroying ENet thread pool
6100: 13:37:59.859 - Destroying TCP inactivity timer
6100: 13:37:59.859 - Destroying Business logic thread pool
6100: 13:37:59.859 - Destroying servers
6100: 13:37:59.859 - Destroying TCP Outbound Connection Manager
6100: 13:37:59.859 - Destroying resolver
6100: 13:37:59.859 - Destroying TCP Proxy Connection Manager
6100: 13:37:59.859 - Destroying ENet host
6100: 13:37:59.859 - Destroying CLR dispatcher
6100: 13:37:59.859 - Destroying CLR applications
6100: 13:37:59.859 - Destroying I/O thread pool
6100: 13:37:59.859 - Destroying ENet buffer allocator
6100: 13:37:59.859 - Destroying TCP buffer allocator
6100: 13:37:59.859 - Destroying TCP socket allocator
6100: 13:37:59.859 - Destroying ENet socket allocator
6100: 13:37:59.859 - Destroying performance counters
6100: 13:37:59.859 - Shutdown complete...