Eleven Rack standalone editor won't install on Windows 8.1

[prkaye]

I tried installing the Eleven Rack Stand-Alone editor on my Windows 8.1 box tonight, but it won't install (I did install the latest drivers first). I get the error message:

MDAC 2.7 SP1 requires any of the following configurations: •Microsoft Windows 98 with the Y2K Update 2 and Internet Explorer 4.01 SP2 or later
•Microsoft Windows 98 Second Edition
•Microsoft Windows Millennium
•Microsoft NT® 4 SP5 (or greater) and IE 4.01 SP2 or later
•Microsoft Windows 2000

Setup will exit now. Please restart the Setup after installing the necessary updates to this machine.

Any ideas?