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Sorry for the late reply. I was using Flex SDK 4.6 Try Flash builder 4.6 it comes prepacked with SDK 4.6(x) You shouldn't be receiving any errors. This stuff should work with SDK 4.5 too.
LOL! I had similar experience with my professors as well.
Thanks for the positive words. This tool is based on Chrome speech box and will take input from Mic click only, I am not sure that it would be able to translate a full lecture in one go. Problem is that you have to speak to your mic as if you are reading news, then only translation conv to text are accurate. If technology permits in future then I will start accepting mp3 files to convert them to text. Lets see how we go with that.
I can see my dog barking :) truly amazing. The yellow limning is our ionosphere