This error suggests that there could be two different versions of MATLAB installed on your system, and the '$MATLAB\bin\win32' folder from the older version appears first in your system's PATH environment variable. Here, '$MATLAB' refers to the root directory of your MATLAB installation.
The following MATLAB Answer threads provide possible workarounds to tackle this issue:
- https://www.mathworks.com/matlabcentral/answers/97577-why-do-i-receive-the-error-message-the-procedure-entry-point-could-not-be-located-in-the-dyna
- https://www.mathworks.com/matlabcentral/answers/110328-why-do-i-receive-the-error-message-the-procedure-entry-point-could-not-be-located-in-the-dynamic-li
- https://www.mathworks.com/matlabcentral/answers/101672-why-do-i-get-a-procedure-entry-point-error-when-trying-to-run-the-matlab-web-server
