ANTS Profiler 2.6 - Unable to start profiling

Hello,
I am unable to profile my application running on .Net FW 2.0.

This is the error I get. Any help is greatly apprecieated.

Event Type: Error
Event Source: ANTS Profiler
Event Category: None
Event ID: 0
Date: 04/03/2007
Time: 8:15:20 AM
User: N/A
Computer: ZEBWL06A15581
Description:
Unable to start profiler - exception details System.Exception: Unable to set profiling environment data for ASP.NET user - Error code 2

Server stack trace:
at RedGate.Profiler.Engine.ProfileIISController._1(IntPtr , String , String )
at RedGate.Profiler.Engine.ProfileIISController._7(String )
at RedGate.Profiler.Engine.ProfileIISController.StartProfilingIIS(String currentUserName, String url)
at System.Runtime.Remoting.Messaging.StackBuilderSink.PrivateProcessMessage(MethodBase mb, Object[] args, Object server, Int32 methodPtr, Boolean fExecuteInContext, Object[]& outArgs)
at System.Runtime.Remoting.Messaging.StackBuilderSink.SyncProcessMessage(IMessage msg, Int32 methodPtr, Boolean fExecuteInContext)

Exception rethrown at [0]:
at RedGate.Profiler.Engine.ProfilingSession.StartProfiler()
at System.Runtime.Remoting.Messaging.StackBuilderSink.PrivateProcessMessage(MethodBase mb, Object[] args, Object server, Int32 methodPtr, Boolean fExecuteInContext, Object[]& outArgs)
at System.Runtime.Remoting.Messaging.StackBuilderSink.AsyncProcessMessage(IMessage msg, IMessageSink replySink)

Exception rethrown at [1]:
at System.Runtime.Remoting.Proxies.RealProxy.EndInvokeHelper(Message reqMsg, Boolean bProxyCase)
at System.Runtime.Remoting.Proxies.RemotingProxy.Invoke(Object NotUsed, MessageData& msgData)
at System.Windows.Forms.MethodInvoker.EndInvoke(IAsyncResult result)
at _3._4(IAsyncResult )

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