Error while Logging to BODS 4.2 SP03

Dear All,

We are facing very weird issue in our project.We have been recently upgraded our BODS to 4.2 SP03 from 4.1 SP03.With this upgrade we are having trouble to login with the designer in 32 bit where we are able to login on 64 bit.SO its BODS 4.2 SP03 specific to 64 bit version.I am attaching the screen shot for the error we are facing.Please lets us know the reason for the same.The details of the system where we are facing issue in the designer:-\

OS-Windows 7 SP1(32 BIT)

SAP data services -4.2 SP03