BackupExec 12 fails to LiveUpdate on Windows 2008

When trying to run LiveUpdate from within BackupExec v12 running on Windows 2008 you may get the error message “To receive updates, Backup Exec must be registered with LiveUpdate. To automatically register now, Click Yes. If you choose not to register now, you will be prompted again when you click LiveUpdate.” The solution is to right click the BackupExec icon and run as Administrator. LiveUpdate will work.