You have installed Matchmover or Composite that came with your 3ds Max or Softimage installation and there is a licensing error, please check out the following post:
http://xsisupport.wordpress.com/2010/10/20/matchmover-or-composite-looks-for-maya-licenses/
For customers of 3dsMax Design and you installed it using the "Matchmover.msi" that you have downloaded from the Subsciption Center, you will need to add this environment variable value:
Variable: ADSK_MATCHMOVER_LICENSE
Value: 3dsMaxDesign
Thanks to Stephen Blair for this tip.
http://xsisupport.wordpress.com/2010/10/20/matchmover-or-composite-looks-for-maya-licenses/
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