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Error when initially starting Excel after install (Invalid URI)


Hi all,
Has anyone had an issue with installing this tool? I got the following error after launching Excel for the first time. I have tried both downloads with the same issue.
I'm running Windows 7 / Office 2007 and am up to date on patches and service packs... Any thoughts?
************** Exception Text **************
System.UriFormatException: Invalid URI: The hostname could not be parsed.
at System.Uri.CreateThis(String uri, Boolean dontEscape, UriKind uriKind)
at System.Uri..ctor(String uriString)
at Microsoft.VisualStudio.Tools.Office.Runtime.OfficeAddInDeploymentManager.OnAddInInstalling(AddInInstallingArgs args, Boolean& cancel)
at Microsoft.VisualStudio.Tools.Applications.Deployment.ClickOnceAddInDeploymentManager.RaiseOnAddInInstallingEvent(IClickOnceAddInInstaller addInInstaller, Uri deploymentManifestUri, AddInInstallationStatus addinSolutionState, String productName, Boolean alreadyInstalled)
at Microsoft.VisualStudio.Tools.Applications.Deployment.ClickOnceAddInDeploymentManager.InstallAddIn()