Hi,
please refer the following thread.
http://www.syncfusion.com/support/Forums/message.aspx?&MessageID=59116Good Luck.
>An unhandled exception of type 'System.ComponentModel.LicenseException' occurred in system.dll
Additional information: A valid license cannot be granted for the type Syncfusion.Windows.Forms.Tools.ToolsComp. Contact the manufacturer of the component for more information.