Emulator Issue SSF Closes itself all the time

Hi everyone, I downloaded SSF0.12 Beta and I am having alot of trouble starting it at all. In fact, I have problems with all versions of SSF

There was no error message, the emulator started, stopped, then closed itself. During this time I could actually click on the "file" option, but the window is too small for me to click "Hardware". Additionally it never goes into fullscreen.

My specs are as follows

Processor: i7-2600
OS: Windows 7 32bit
Direct X Version: 11 (Could this be the problem?)
Graphics Card: Radeon 6950


I am really stumped as to way I can't run SSF when I run it fine on an older system....I really would appreciate the help! Timely help...hopefully...

Clarification:

I already updated by Direct X to its highest version. I can't update anymore

Someone recommanded that I install some kind of C++ Pack, I am not sure what he means, but I do have Microsoft Visual C++ 2008 SP1 Redistributable Package INSTALLED.