This is a confirmation of bug 1516, gpgex also crashes Explorer in version 2.2.0
on my Windows 7 64bit PC.
I have managed to get it to work with an older version of gpg4win and gpgex on a
different server after regsvr32'ing the beta version of gpgex but on my system
gpgex on the 2.2.0 release doesn't appear to work properly.