Corona simulator or outlaw is not compatible for 64-bit windows version

I’ve done everything correctly and installed everything right. But, once I want to run a project using outlaw. and yes i went to preferences and select where the corona sdk is located.

Its says this:

The program or feature cannot start or run due to incompatibility with 64-bit versions of Windows. Please contact the software vendor to ask if a 64-bit Windows compatible version is available.

(PLEASE HELP ME!)

basically when im done typing in the code and ready to run/launch it to test it out. i can’t run it because incompatibility for 64-bit windows

EXTRA INFO ON MY COMPUTER: 

HP Laptop 
Windows 8 64-bit 
4GB RAM 
AMD E-300 APU with Radeon™ HD Graphics