Acronis Managed Machine Service is unavailable ERROR

I just installed Acronis Backup and Recovery 10 onto a Windows XP machine. Once it finished, a red triangle with a white exclamation point popped up in the notification area of the task bar. When hovered over, a box pops up that says "Acronis Managed Machine Service is unavailable".

I did some research on this error, and thought I found the solution, but I was wrong. I have gone to RUN>SERVICES.MSC and tried to start AMMS manually, but an error popped up that said "Could not start the Acronis Managed Machine Service service on Local Computer. Error 1068: The dependency service or group failed to start." I checked and all the dependency services say "started" next to them, except Protected Storage. When I right click this, I am unable to click "Start" because it is grayed out. I'm not sure where to go from here. Any help would be appreciated.

Also, when I try to start Acronis Backup and Recovery 10, I get the following error:

Code:  11,337,731(0xAD0003)
LineInfo: 0x90FB8A255B1DF657;

Message: Error: Failed to establish local connection to Acronis Managed Machine Service. Make sure that the service is installed and its status is Started.

Code:  196,610(0x30002)
LineInfo: 0x37819FD1E1F7A616;

Message:

Code:  65,520(0xFFF0)
LineInfo: 0xBD28FDBD64EDB8BC;

Message: The system cannot find the file specified