Revised instructions for Windows 7 x64 (64bit) Home Premium:
1. Disable UAC (User Access Control)
2. Right click Setup.exe and go to properties. Set compatibility mode for XP Service Pack 2 and check run as administrator. Click OK.
3. Double click the EXE. It should freeze on "Status:" and you should see a green bar that is almost complete.
4. Use task manager to stop the Premise Home Control Software application. Leave the windows uninstall process alone. If you stop it, Premise will be uninstalled!
5. Reboot.
6. Stop the two Premise services named "Premise SYS Server" and "Premise SYS Monitor"
7. Double click the Setup.exe again and select repair. The install will now fully complete.
FulanoNadie said:Awesome- turns out, Windows 8 users need to do the following:
1. Disable UAC through the registry (run regedit.exe):
Location: HKEY_LOCAL_MACHINE\Software\Microsoft\Windows\CurrentVersion\Policies\System
Key: EbableLUA
Value data: 0
2. Unblock all the files in the download: In unzipped folder, select all, right-click for properties, and choose Unblock.
3. Run setup as Admin
4. Reboot
5. Run as premise Builder as Admin
Doing the above got my Premise working- thank you for your help!