Crystal Report 10 with MSOLEDB driver to connect to SQL 2012

With Crystal Reports 10 when we set the provider as "Provide MSOLEBSQL" its throwing an error as below.

"Format of the Initialization string does not conform to to the OLE DB Specification".

Does Crystal Report 10 support MSOLEDB driver.

Earlier we were using provide as "Provider SQLOLEB" and it was working fine.

Please let me the reason for this error and if any solution.