missing MSVCP110.dll after installing the Compass Editing software on a PC

After installing the Compass Editing Software on a Window 7 Computer and receive an error when trying to launch the program that MSVCP110.dll is missing You will need to download and install VCRedist_x86.exe
It can be found here
http://www.microsoft.com/en-us/download/details.aspx?id=30679

Choose the vcredist_x86.exe