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Way to go!
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Microsoft Dynamics CRM Server install failed.
Action Microsoft.Crm.Setup.Server.MsiInstallServerAction failed. This patch package could not be opened. Verify that the patch package exists and that you can access it, or contact the application vendor to verify that this is a valid Windows Installer patch package.
Microsoft Dynamics CRM for Outlook cannot be installed on a computer where Microsoft Exchange Server versions prior to Exchange Server 2007 are installed.
Atleast one of the recepient could not be resolved to a record in the system