i could never make that game run in my windows xp machine . i double click on .exe file and nothing it just seated there. not even boot or nothing. i always wondered if it was based on the mugen engine.
To get to work (the game) just download Applocale, and use that to run it. The reason it usually crash's is because the characters of the files to load are in language other then Western characters.
I think a link will explain better then me: http://alcahest.perso.sfr.fr/perso/apploc/applocale.html
Oh hey, I think this is a sequel to Strip Fighter II for the TruboGrafix http://www.vizzed.com/playonlinegames/game.php?id=7484 Shares character names, even though they're probably redesigned