When you export a sequence from Adobe Premiere Pro CS5, the message "Media Encoder update is available" appears and Adobe Media Encoder fails to start. The most recent update for Adobe Media Encoder (AME) is installed.
If you installed Adobe Premiere Pro in a folder other than the default location, put a shortcut to the Adobe Media Encoder (AME) application in the Adobe Premiere Pro folder. Then, Adobe Premiere Pro can find AME and launch it.
See this forum thread for more information and to discuss this issue: http://forums.adobe.com/thread/717697
For information about the Adobe Premiere Pro CS5 (5.0.2) update, see this page.
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