1. Power on the computer
2. At the white ACER BIOS screen, hold the Alt key and press the F10 key simultaneously to start Acer eRecovery.
3. Once eRecovery has loaded, click Restore to Factory Default Settings
4. Click OK to continue
5. From here, the eRecovery process will update all the data on the C: drive and restore a fully functional factory image (approximately 10 minutes).
6. Once eRecovery has run, press OK to reboot unit
Note that all data will be lost during this process and your computer will be brought back to it's original factory state and settings.
Once up and running, use the Acer Recovery Manager from within Windows to create a set of DVD's, just incase HDD fails.
If the hdd has failed, your only option...