Inventor 2012 SP 1: Error 1402 on XP 32 bit machine

Please check out these posts for details and the solution:

http://beinginventive.typepad.com/being-inventive/2011/09/error-1402-installing-the-sp1-for-inventor-2012-on-xp-32-bit-machine.html

http://upandready.typepad.com/up_and_ready/2011/06/inventor-2012-1402-error-when-creating-a-deployment.html

http://usa.autodesk.com/getdoc/id=TS17687583

Thanks to the Inventor Team for this tip.