Samsung Magician 4.4 Update
I found the solution to the problem for error message "has encountered an error and cannot continue press ok to launch the application again".
Option 1
magician 4.4 "has encountered an error and cannot continue press ok to launch the application again"
1) Please wait until all of the window updates are completely updated onto your computer.
2) Re-install Magician 4.4, go to this link for the latest download:
http/www.samsung.com/global/business/semiconductor/minisite/SSD/global/html/support/downloads.html
3) Right click the application and Run as Administrator.
Option 2:
Resolution for "has encountered an error and cannot continue press ok to launch the application again"
1) Please wait to install Windows updates on your computer.
2) Download and install Magician 4.0 from online or Original disk that came with Samsung SSD Drive 840 Series
3) Right click the application and Run as Administrator.
4) When it asks you to update to Magician 4.4 click on YES.
If at any time when running the setup application right click and choose Run as Administrator.
Please let me know if this cured the problem.