Initdb fails... Again!

Hello!

I have successfully installed PostgreSQL with Cygwin as a service on
Windows XP prof. and Windows2000 prof.

Now I try to repeat the procedure more on another Windows2000server.

After installing ipc-daemon (1.13-2) as a service and starting it,
initdb still fails!
I also tried to run ipc-daemon in normal mode (ipc-daemon &), but still,
it seems that initdb cannot connect to it or something....
What may be wrong?

postgres(at)PULL ~
$ initdb -D /usr/share/postgresql/data
The files belonging to this database system will be owned by user
"postgres".
This user must also own the server process.

The database cluster will be initialized with locale C.

creating directory /usr/share/postgresql/data... ok
creating directory /usr/share/postgresql/data/base... ok
creating directory /usr/share/postgresql/data/global... ok
creating directory /usr/share/postgresql/data/pg_xlog... ok
creating directory /usr/share/postgresql/data/pg_clog... ok
creating template1 database in /usr/share/postgresql/data/base/1...
IpcSemaphore
Create: semget(key=1, num=17, 03600) failed: Function not implemented

initdb failed.
Removing /usr/share/postgresql/data.

postgres(at)PULL ~

Regards,
Markko Paas
markko(at)softronic(dot)ee