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I found one article on another forum that stated LivePix 2.0 does not work on systems with more than 256 MB of RAM.
You also need to ensure that the shortcut icon is addressing the executable file.
Right Click the Icon > Properties > Shortcut > Find Target and then see if the executable file will launch.
This software is now quite dated and MGI have stopped all support for the product.
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Learn from other peoples mistakes not your own.
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