Avid Meridien Codec in Compressor

I'm having trouble encoding anything using Compressor, it keeps giving me a "failed: codec not installed" message. I have the Avid Meridien codecs (AvidAVDJCodec.component and AvidAVUICodec.component) installed. I had been having trouble even playing the QT movies that were exported out of avid in quicktime player, but I found out that these codecs do not work in the new intel macs, and i had to select 'open using rosetta' in the Quicktime Player Application - Get Info.

They play back fine in quicktime. I even tried to change the info on the compressor application to 'open using rosetta' thinking that it would be the same intel chip type problem. Nothing seems to work. I can't figure out how quicktime player is able to see/hear them fine but compressor cannot.

Any help?

Running on Intel iMac, OSX 10.4.7, Quicktime Pro 7.1.2, Compressor 2.1.

Thanks in advance.

-Grant

Intel iMac Mac OS X (10.4.7)