How do I fix LINK : fatal error LNK1104: cannot open file 'libc.lib' (2012b)

Desire: I am attempting to create a .dll to use in conjunction with CANoe to simulate a feature within a CAN network.

Error:

### Linking ... 
LINK : fatal error LNK1104: cannot open file 'libc.lib' 
NMAKE : fatal error U1077: '"C:\Program Files (x86)\Microsoft Visual Studio 10.0\VC\bin\link.EXE"' : return code '0x450' 
Stop. 
The make command returned an error of 2 
'An_error_occurred_during_the_call_to_make' is not recognized as an internal or external command, operable program or batch file. 
### Creating HTML report file test_codegen_rpt.html

I have read that I need to ignore 'libc.lib' but I have been unable to find a way to ignore this library within matlab/simulink. Please advise how to resolve this issue.

OS: Windows 7

Matlab: 2012b

compiler: Lcc-win32 C 2.4.1 in C:\PROGRA~2\MATLAB\R2012b\sys\lcc

[Kyle]

This Error does not appear when using the Microsoft Visual C++ 2010 Professional compiler.