PROBLEM SOLVED
I had the same problem receiving error message:
"Malwarebytes anti-exploit service taking too long to start (etc)" using Windows 7.
What I did was:
1. Uninstall Malware Bytes anti-exploit
2. Reboot computer (just to be sure it's fully gone, though this 2nd step may not be strictly necessary.)
3. After reboot, Ran mbae-setup-1.09.1.1334 as Administrator.
3. When prompted for the directory to be installed in I switched from default C:/Programs Files(x86)/ Malwarebytes Anti-Exploit and INSTEAD I installed the program into (new) folder:
C:/Malwarebytes Anti-Exploit
After install, rebooted computer as prompted, and now have program working just fine.
