I can't tell you how to fix it, but can tell you why the message appears. Win'95 and '98 used virtual device drivers. The Win2000 O/S moved away from this for greater efficiency and uses the 'New Model' device drivers. Older hardware and device drivers may not work and generate an error message (then again they might work).
You can run software in Win2000 in NT or Win'95 'compatability mode' which could help you depending on what you are trying to do. Load your software. Create a shortcut, logout. Login as Administrator with the domain as the PC. Go to START - RUN - type in the following command
regsvr32 C:\WINNT\apppatch\slayerui.dll click OK.
You will need to have Service Pack 2 to do this. When the command succeeds, go back to the software icon, right click, select the compatability mode tab, tick the box and select the operating system you wish to run the software in.Then try it. If it does not run repeat the comapatabilty command in the user profile that the software is to runin, you should get a 'success' message, try again.