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E00450007:Failed to start service

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When attempting to install Acronis snap deploy management agent, the following error occurs almost immediately after clicking "Proceed":

E00450007:Failed to start service.

Failed to start service. (0x450007)

the service did not start due to a logon failure (0xFFF0)
code = 8007042D

Please advise! Thank you.

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Looks to be the agent process does not have the admin rights it needs, though this is only a guess using the information from this:

http://kb.acronis.com/content/1816

If you look for bullet point 2 you have this info:

(!) The service is supposed to run under the user account one specified in the Remote Install Wizard. Sometimes however it fails to start under the specified account even though the correct username and password are provided. In this case one may receive The service did not start due to a logon failure (0xFFF0) or other similarly worded error message. The workaround is to manually change the Log on as setting for Acronis Install Service to Local System account and restart the service.

If you read the full article it describes a possible fix method. Good Luck :)