Embedded Compact 7 - TwinCAT 2.11 CP6606 Smart panel

I have followed the steps available at

http://social.technet.microsoft.com...s/6012.how-to-use-the-remote-tools-framework-

I have a Beckhoff CP6606 Panel PC with Windows Embedded Compact 7. It has a ARM Cortex A8 processor. I have configured IP address of Panel PC(192.168.xxx.101) and Development computer(192.168.xxx.102) on same subnet. However, I had the error, Device Connect Failed.

After some web research, I realized I had to install Windows Embedded Compact 7 on the development PC, which I have done only for ARM v7 architecture, which i had rechecked from wiki about ARM A8 processor. Now, I get a failure message as

"Failed to Connect - The data necessary to complete this operation is not yet available". I tried calling Microsoft support but had no luck. My Configuration is;

Target Device -

Beckhoff CP6606-0001-0020 (http://download.beckhoff.com/download/document/IndustPC/CP6606-0001-0020de.pdf)
Development PC -

Windows 7 32 Bit Professional
VS2008 with SP1(Inkl. Update for Embedded 7)
Embedded Compact 7 - University Edition
Remote Tools v1.10
Communication -

Ethernet(RJ-45)
- Any more information required will be furnished

- Any advice/tips/suggestions would be considered until I have resolved this issue . Thank you.