RadAjaxLoadingPanel generating error

[Feroz]

Hi,

I am using RadAjaxLoadingPanel  to populate data.In Visual Studio 2008 Development Server when I run the application I am able run the functionality.But when I Publish my website in IIS 7.0 the page is generating error -"The propert yor object is not supported'.I am using IE 8.0 under Vista.My Telrik version is 2009.1.311.35.I have not put the same in GAC.
The following config section is used to configure Telrik controls

 <httpHandlers>
      <add path="Telerik.Web.UI.WebResource.axd" type="Telerik.Web.UI.WebResource" verb="*" validate="false"/>
      <remove verb="*" path="*.asmx"/>
      <add verb="*" path="*.asmx" validate="false" type="System.Web.Script.Services.ScriptHandlerFactory, System.Web.Extensions, Version=3.5.0.0, Culture=neutral, PublicKeyToken=31BF3856AD364E35"/>
      <add verb="*" path="*_AppService.axd" validate="false" type="System.Web.Script.Services.ScriptHandlerFactory, System.Web.Extensions, Version=3.5.0.0, Culture=neutral, PublicKeyToken=31BF3856AD364E35"/>
      <add verb="GET,HEAD" path="ScriptResource.axd" type="System.Web.Handlers.ScriptResourceHandler, System.Web.Extensions, Version=3.5.0.0, Culture=neutral, PublicKeyToken=31BF3856AD364E35" validate="false"/>
      <add path="Telerik.Web.UI.WebResource.axd" type="Telerik.Web.UI.WebResource" verb="*" validate="false"/>
    </httpHandlers>

Please help on this to successfully run the same on IIS 7.0 Published code.
 

[Feroz]

This issue was fixed when I changed the application pool to  default application pool in IIS 7.0.
ie; .Net Framework 2.0.