Get this message on import, "avid out of proc quicktime app has stopped working"

Just installed 7.0.3

Can you AMA Link To the file with any issues?

I can AMA link but too slow to work with, trying to transcode  MP4 to DNX.

This works on my old 2.8.4 on XP. Was woking on 7.0

I have had this message since I upgraded to 7. Happens on both Import and Export for h.264 footage. I usually only use for export, so I have managed to work around but yesterday I got some footage from a Canon 5d I have no idea what to transcode it to that does not use .MOV as an extension.

BTW, other topics that mention this problem have talked about AMD processors, but this is/was a certified system for MC5.

Any insight would be great. Thanks,

C.