"The system cannot find the file specified" error message when you print a document on a Windows Server 2008 R2-based terminal server

A new KB Article (with hotfix) was released regarding print issue when performing a printjob to a network printer from an application that hosts Internet Explorer 9 and that is compiled with the /TSAWARE:NO option on the terminal server.

 Article ID: 2646168 - Last Review: February 16, 2012 - Revision: 1.0
"The system cannot find the file specified" error message when you print a document on a Windows Server 2008 R2-based terminal server

"...Consider the following scenario:

• You establish a Remote Desktop Services session to a Windows Server 2008 R2-based terminal server that has Windows Internet Explorer 9 installed.
• You do not redirect a printer to the Remote Desktop Services session.
• You run an application that hosts Internet Explorer 9 and that is compiled with the /TSAWARE:NO option on the terminal server.
• You try to print a document to a network printer by using this application.

In this scenario, the printer does not print the document. Additionally, you receive an error message that resembles the following: The system cannot find the file specified..."

Source: http://support.microsoft.com/kb/2646168/en-us?sd=rss&spid=14134