It needs Shadermodel 2.0.
You probably need the d3dx_35.dll (http://www.dll-files.com/dllindex/dll-files.shtml?d3dx9_35) to run it, because it needs a simple plugin which uses the directx SDK... But I am not sure about it-_-
Thanks for testing

Lite-C Tut. 1 Lite-C Tut. 2 Lite-C Tut. 3 (en)
Shader Tutorial (ger)

http://www.slindev.com