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Ok thank you for all the help, I have got it running now.
Sorry for the inconvenience but I believe my problem is due to not having Warewolf installed on my pc, as I assumed I could run just the server with visual studio.
@Genie, There is no server installed in the path you have specified (C:\Program Files (x86)\Warewolf\). I followed the steps outlined here "".
A message box appears stating: The Warewolf service isn't installed. Please re-install the Warewolf server.