Just moved VM to another Mac and getting errors in Parallels

I moved to a new iMac today and was given a new Copy of Parallels for it. Installed it and transferred all my files over with the Migration Assistant. Everything went smooth as ice. Now, however, I can't launch any applications inside the XP VM I moved over. When I do, I get the following error message:

"The application is installed in a virtual machine that cannot be located. Make sure that the virtual machine hasn't been deleted or moved to another location."

The applications seem to run OK, but obviously I don't want to deal with this error every time I launch something!

Can anyone tell me how to fix this?

Thanks.

Anthony

 

I'm having the same problem. Seemed to start happening after compression.

 

I'm having this problem as well. Seems to start happening after compression.