Problem with Transfer to Photoshop DPP Feature in Windows 7

I recently upgraded my desktop to Intel i7 Core 64bit processor based machine, while trying to transfer RAW image from DPP to Photoshop CS5 using “Transfer to Photoshop” I was facing a problem, after 2 seconds it would show “Failed to start Photoshop”.

DPP Version     :     3.11.4 32 bit
Photoshop       :     CS 5 64 bit
OS              :     Windows 7 x64

Below is the solution that worked,

1. Open the windows registery by using the “regedit” program (open a shell window and type regedit).
2. If the following branch doesn’t exist in your registery, create it : [HKEY_LOCAL_MACHINE\SOFTWARE\Wow6432Node\Adobe\Photoshop\12.0]
3. Inside the “12.0″ branch, create a string value named “ApplicationPath” and give it as value the path of Photsoshop 64 bits (C:\Program Files\Adobe\Adobe Photoshop CS5 (64 Bit)\). You can do this by right clicking on “12.0″ section and then choose New -> String Value
4. Inside the “12.0″ branch, create a string value named “PluginPath” and give it as value the path of Photsoshop 64 bits plugin folder (C:\Program Files\Adobe\Adobe Photoshop CS5 (64 Bit)\Plug-Ins\).
5. Close regedit.

Hope this helps.