Can not compile Torque 1.4 demo with VC++ 7.1.3088

I am urgently wondering how to successfully combile Torque 1.4 Demo using VC++ 7.1.3088?
I downloaded Torque 1.4 and install into C:\Torque\SDK; I opened "Torque Demo.sln" in VC++ 7.1. I didn't change anything! I rebuilt it and got many errors. In summary, they are:

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C:\Program Files\Microsoft Platform SDK\Include\WinNT.h(5940): error C2146: syntax error : missing ';' before identifier 'Buffer'
C:\Program Files\Microsoft Platform SDK\Include\WinNT.h(222): error C2146: syntax error : missing ';' before identifier 'PVOID64'
C:\Program Files\Microsoft Platform SDK\Include\WinNT.h(5940): error C2501: '_FILE_SEGMENT_ELEMENT::Buffer' : missing storage-class or type specifiers
C:\Program Files\Microsoft Platform SDK\Include\WinNT.h(5940): error C2501: '_FILE_SEGMENT_ELEMENT::PVOID64' : missing storage-class or type specifiers
max2dtsExporter Max4 fatal error LNK1181: cannot open input file 'engine.lib'
map2dif plus fatal error LNK1181: cannot open input file 'engine.lib'
langc fatal error LNK1181: cannot open input file 'engine.lib'
max2dtsExporter Max3 fatal error LNK1181: cannot open input file 'engine.lib'
map2dif fatal error LNK1181: cannot open input file 'engine.lib'
buildWad fatal error LNK1181: cannot open input file 'engine.lib'
fonttool fatal error LNK1181: cannot open input file 'engine.lib'

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I will appreciate your help ASAP!!!

Philip