Prefetch Abort Exception on WinCE 7 while debugging in VS2008

Has anyone seen a 'Prefetch Abort' exception while stepping thru code in debug mode in VS 2008? This occurs with an MK3190 (MPA 3.0; OS is WEC 7) connected to a Windows 7 PC, running VS 2008 with EMDK 2.7 installed and the Motorola Patch 1 for the EMDK 2.7 also installed. The customer application is written in VB .NET. The error occurs only in Debug mode while stepping thru the code.

 

Installing below MS patch did not resolve the issue either:

http://www.microsoft.com/en-us/download/details.aspx?id=11935

 

Any pointers would be greatly appreciated! Thanks.