Compatility mode with windows 7 and XP service pack 3 already with no results.

It gives me and error

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ALPHA2.EXE - Application Error.
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Could not start the application (0xc0000022). click Ok to close
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OK
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Anyone ?

Enable DirectPlay in Windows.

Thanks Gydion. You nail it.

That was missing. And I have to remove all the compatility mode configurations in order to make the game work as well.

Cheers.

Yes, interestingly this game works with the old Alpha2.exe file, but the newer "GogLauncher.exe" just freezes Windows.