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Having admin priviledges on your user account doesn't necessarily mean that those priviledges are applied at install or runtime.
It's good practice to always use the right click command "run as administrator" on installation and then make sure your launch icon also has it's properties set to run as administrator.
We run PABX programming sofware on our W7 machines at work, at least one program crashes if the afformentioned steps aren't followed. I've seen the same behaviour with some other software.
That may have nothing to do with your problem but it may be worth deinstalling the offending software and reinstalling using the above procedure.
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