MySQL5.5 instance configuration (no replies)

I am trying to build a installer to Install MySQL for my application. Later create a server instance for it using MySQLInstanceConfig running it in a batch file.

mysqlinstanceconfig.exe -i -q ServiceName=MySQL55 RootPassword=root
ServerType=DEVELOPMENT ConnectionUsage=DSS DatabaseType=MYISAM Port=3307
SkipNetworking=no RootPassword=root
set mysql_cmd="GRANT ALL PRIVILEGES ON *.* TO 'root'@'%' IDENTIFIED BY 'root' WITH GRANT OPTION;"
mysql.exe -uroot -proot -e %mysql_cmd%

or

MySQLInstanceConfig.exe -i -q "-lE:\UEM\mysql_install_log.txt" »
"-nMySQL Server 5.5" "-pC:\Program Files\MySQL\MySQL Server 5.5" -v5.5.11 »
"-tmy-template.ini" "-cC:\mytest.ini" ServerType=DEVELOPMENT DatabaseType=MIXED »
ConnectionUsage=DSS Port=3307 ServiceName=MySQL55 RootPassword=root

The following script does work with MySQL 5.0 but not with 5.5. MySQLInstanceConfig does not show created instance. But displays an error dialog saying "'MySQL' service entry refers to a non-existance Binary". And then making changes to created instance makes it to work.