I got this error from Visual Studio 2008.
Creating an instance of the COM component with CLSID {8885370D-B33E-44B7-875D-28E403CF9270} from the IClassFactory failed due to the following error: 80040111
I searched and found one link that refers to Office Communicator. I don’t have that SDK installed though and the error message said it was from Team Foundation.
Update: This may have something to do with the power tools. They should have used the method mentioned here: http://blogs.msdn.com/b/cmayo/archive/2009/08/13/getting-sign-in-sign-out-status-via-office-communicator-2007-sdk.aspx