Flat file destination could not be loaded

Hi,

I have created a package and when i was trying to configure a flat file destination, i am getting the following error:

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The component could not be added to the Data Flow task.
Could not initialize the component. There is a potential problem in the ProvideComponentProperties method. (Microsoft Visual Studio)

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Error at Extract Test Flat File [DTS.Pipeline]: The module containing "component "" (245)" cannot be located, even though it is registered.

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Exception from HRESULT: 0xC0048021 (Microsoft.SqlServer.DTSPipelineWrap)

Program Location:

at Microsoft.SqlServer.Dts.Pipeline.Wrapper.CManagedComponentWrapperClass.ProvideComponentProperties()
at Microsoft.DataTransformationServices.Design.PipelineTaskDesigner.AddNewComponent(String clsid, Boolean throwOnError)

Please advise.

Thanks & Regards,

Deepak

Was it working before? If yes, what has changed in the meantime?

Thanks,

Bob