Reason: NetSim binaries include a NetworkStack.dll file that is responsible for calls to protocols operating in different layers of the device's network stack. This file is dependent on a visual studio redistributable package.
When this dependency is missing or not installed properly, Error No: 193 is displayed in the simulation console as shown below:
Solution: Please download and install the Microsoft Visual C++ 2010 Service Pack 1 Download link and attempt to perform simulations after a system restart.