Why do I get the error "Server creation failed" when trying to use the function BLOOMBERG from the Datafeed Toolbox 3.4 (R2009b)?

When I run the following code:
conn = bloomberg
I get the following error:
??? Error using ==> actxserver at 91
Server creation failed. Invalid ProgID 'Bloomberg.Data.1'

 Accepted Answer

This issue can occur if the required Bloomberg software is not installed on your machine.
To work around this issue, make sure you install and register the Bloomberg ActiveX Add-in.

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