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Uninstall and re-install the Intel C++ Compiler. it should recorgonize the newly installed VS. Some modules are needed for VS2005 and they're not installed if you don't have it.
Check the IRC to see if there is a newer update. If so, installing the newer update on top of the old IntelC will work as well.
Thanks,
Jennifer
For more complete information about compiler optimizations, see our Optimization Notice.