Error when trying to create Database Cluster

I am running the following initdb command and get the following error.

initdb -A md5 -D /pgsql/ftrp/data9 -E UTF8 --locale=C -U postgres -W
initdb: error while loading shared libraries: /app/PostgreSQL/9.0/lib/libedit.so: cannot restore segment prot after reloc: Permission denied
I am using the one-click installer from EnterpriseDB to install the software. The files are owned by root:daemon and have read/execute privileges at the world level. Right now I cannot find anything when I google this issue. Any help would be appreciated.

Thanks,

Sandra Arnold
Senior Database Administrator
Contractor to DOE/OSTI
NCI, Inc.
Oak Ridge, TN
(865) 576-0054 (work)
(865) 567-7553 (cell)
arnolds(at)osti(dot)gov