BUG #1052: Problem while Installation of postgreSQL

The following bug has been logged online:

Bug reference:      1052
Logged by:          Nilesh Ghone

Email address:      nileshghone@yahoo.co.in

PostgreSQL version: 7.3.4

Operating system:   Windows 2000 Professional

Description:        Problem while Installation of postgreSQL

Details:

Dear Sir/Madam,
For professional s/w development, I want to use PostgreSQL. According to
documentation (FAQ_MSWIN), I have installed cygwin on my PC. After
installation I have started ipc-daemon2 by <ipc-daemon2 &> command on cygwin
shell. it worked fine. Then used initdb command to create new database
cluster using <initdb -D /usr/local/pgsql/data -W -E LATIN1. At this stage
error occourd as -
1) Message came - >  cygcrypt-0.dll not in path.
2)The program
    /usr/bin/postgres
needed by initdb does not belong to PostgreSQL version 7.4.1, or
there may be a configuration problem.

Please suggest any solution. Thank you.

Regards,
Nilesh