MyEclipse Enterprise Workbench starting error

From last two days, I was facing the problem while starting the MyEclipse Enterprise Workbench, by directly executing the eclipse.exe. It was giving the following error while starting:

Required Java version: 1.4.1. Available 1.3.1_01

So, I was starting the MyEclipse by using the startup.jar. But today I was able to resolve this problem by visiting some MyEclipse forums.

I done the following steps:
1. Right click the shortcut and go to Properties->Shortcut tab.
2. In the Target box, add the following in front of eclipse.exe as:
"eclipse.exe -vm [Java 1.4 or above installation directory]\bin\javaw.exe"

and the problem was solved :-)