This problem is present on my new Windows 7 Ultimate computer.
Because the application works correctly on my soon to be discard XP computer I thought I might be able to copy the appropriate directories from that machine to the new one.
However I found exactly the same set of directories on the XP machine as on the Windows 7 Ultimate computer. Active Slide Show Pro works correctly on the older machine - the General, Slides, and About tabs display.
Here is what is going on. The application works correctly on my XP machine and it does not have the sub-directory that you sent to me.
I installed the sub-directory on my Windows 7 Ultimate computer and it did not work for me.
Then I did the following, I removed ActiveSlideShow and replaced it. All the directories were updated except the new set of directories that you sent to me. That says to me the the install process does not create the set of sub-directories that you provided.