Torque and FMOD event problem

I have recently bought FMOD and downloaded the most recent version. After adding it to my project I get the following console messages:

FMOD Loader: DLL bind failed for _FMOD_EventSystem_Create@4
FMOD Loader: DLL bind failed for _FMOD_EventSystem_GetSystemObject@8
FMOD Loader: DLL bind failed for _FMOD_EventSystem_GetVersion@8
FMOD Loader: DLL bind failed for _FMOD_EventSystem_Init@20
FMOD Loader: DLL bind failed for _FMOD_EventSystem_Release@4
FMOD Loader: DLL bind failed for _FMOD_EventSystem_Load@16
FMOD Loader: DLL bind failed for _FMOD_EventSystem_Update@4
FMOD Loader: DLL bind failed for _FMOD_EventSystem_GetMemoryInfo@20
FMOD Loader: DLL bind failed for _FMOD_EventSystem_SetMediaPath@8
FMOD Loader: DLL bind failed for _FMOD_EventProject_Release@4
FMOD Loader: DLL bind failed for _FMOD_EventProject_GetInfo@8
FMOD Loader: DLL bind failed for _FMOD_EventProject_GetNumEvents@8
FMOD Loader: DLL bind failed for _FMOD_EventProject_GetNumGroups@8
FMOD Loader: DLL bind failed for _FMOD_EventProject_GetGroupByIndex@16
FMOD Loader: DLL bind failed for _FMOD_EventProject_GetGroup@16
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetInfo@12
FMOD Loader: DLL bind failed for _FMOD_EventGroup_LoadEventData@12
FMOD Loader: DLL bind failed for _FMOD_EventGroup_FreeEventData@12
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetNumEvents@8
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetNumGroups@8
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetEventByIndex@16
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetEvent@16
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetGroupByIndex@16
FMOD Loader: DLL bind failed for _FMOD_EventGroup_GetGroup@16
FMOD Loader: DLL bind failed for _FMOD_Event_GetInfo@16
FMOD Loader: DLL bind failed for _FMOD_Event_Release@12
FMOD Loader: DLL bind failed for _FMOD_Event_Start@4
FMOD Loader: DLL bind failed for _FMOD_Event_Stop@8
FMOD Loader: DLL bind failed for _FMOD_Event_SetPaused@8
FMOD Loader: DLL bind failed for _FMOD_Event_SetVolume@8
FMOD Loader: DLL bind failed for _FMOD_Event_SetPitch@12
FMOD Loader: DLL bind failed for _FMOD_Event_Set3DAttributes@16
FMOD Loader: DLL bind failed for _FMOD_Event_GetState@8
FMOD Loader: DLL bind failed for _FMOD_Event_GetNumParameters@8
FMOD Loader: DLL bind failed for _FMOD_Event_GetParameter@12
FMOD Loader: DLL bind failed for _FMOD_Event_GetParameterByIndex@12
FMOD Loader: DLL bind failed for _FMOD_Event_GetPropertyByIndex@16
FMOD Loader: DLL bind failed for _FMOD_Event_SetPropertyByIndex@16
FMOD Loader: DLL bind failed for _FMOD_Event_GetProperty@16
FMOD Loader: DLL bind failed for _FMOD_Event_GetPropertyInfo@16
FMOD Loader: DLL bind failed for _FMOD_EventParameter_GetInfo@12
FMOD Loader: DLL bind failed for _FMOD_EventParameter_GetValue@8
FMOD Loader: DLL bind failed for _FMOD_EventParameter_SetValue@8
FMOD Loader: DLL bind failed for _FMOD_EventParameter_GetRange@12
SFXFMODProvider - Could not load the fmod_event.dll - FMOD Designer integration not available.
SFXFMODProvider - FMOD Ex API version: 4.40.5
*************************************** Register Game Functions **********************

So for some strange reason fmod_event.dll wouldn't load.

I've tried it both in T3D 1.1 final and 1.2 and with different versions of FMOD, but all give the same result.

Does somebody else have the same issue, or can point me in a direction so that this can be solved?

Help appreciated.