Any application fails to run with error “link.exe failed with exit code 1123”

Any application fails to run with error “C:\Program Files\Microsoft Visual Studio 10.0\VC\\bin\link.exe failed with exit code 1123”

This error can appear after installing Visual Studio 2012 side-by-side (SXS) with Visual Studio 2010 RTM or after installing .Net Framework 4.5 on a machine with Visual Studio 2010. See LNK1123 error for additional details.

Workaround 1.
Upgrade Visual Studio 2010 RTM to VS 2010 SP1

Workaround 2.
Make Lycia3 use MinGW tools (http://www.mingw.org/)
which are included into Lycia3 distribution.
Add QX_NATIVE_LINKER=MINGW variable to
%LYCIA_DIR%\LyciaStudio\etc\env.properties
and
inet.env configuration files.
Restart LyciaStudio and rebuild your applications.