If you just want to launch a web browser window and display an htm file in it, you can use the System.Diagnostics.Process class.
private void button1_Click(object sender, System.EventArgs e)
{
System.Diagnostics.Process proc = new System.Diagnostics.Process();
proc.StartInfo.FileName = @"iexplore.exe";
proc.StartInfo.Arguments = @"C:\ColorPicker.htm";
proc.Start();
}