Instead of passing in a productkey to the create method you can pass a settings object. Take a look here
It is very odd that you keep getting 220.127.116.11. To debug this you could try to create dummy assembly call it from the same place and inside it call GetEntryAssembly and GetCallingAssembly and see what results you get.
I hope this helps.
EQATEC Application Analytics is now Telerik Analytics
. For more information on the new name, plus what's new in Telerik Analytics, please, check out the Analytics Service Announcement