Security exception unhandled when using DirectoryServices

I've recelty started writing c# code so I'm still kinda new at this. Anyway here is the problem. I installed visual studio 2005 and I'm trying to do an active directory bind statement. Here is my code for the bind:

DirectoryEntry entry = new DirectoryEntry(LDAP://mtmercy.edu);

But when this segment of code executes I get the debug error below:

Here is the error:
Request for the permission of type 'System.DirectoryServices.DirectoryServicesPermission, System.DirectoryServices, Version=2.0.0.0, Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a' failed.

The odd thing is that I tried this same bind code in visual studio 2003 and it worked fine. I'm totaly at a loss in regards to what the difference is here. Any ideas would be appriciated. Thanks.

Oh, and here is the entire debug error just in case:

System.Security.SecurityException was unhandled
Message="Request for the permission of type 'System.DirectoryServices.DirectoryServicesPermission, System.DirectoryServices, Version=2.0.0.0, Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a' failed."
Source="createuser"
StackTrace:
at System.Security.CodeAccessSecurityEngine.ThrowSecurityException(Assembly asm, PermissionSet granted, PermissionSet refused, RuntimeMethodHandle rmh, SecurityAction action, Object demand, IPermission permThatFailed)
at System.Security.CodeAccessSecurityEngine.ThrowSecurityException(Object assemblyOrString, PermissionSet granted, PermissionSet refused, RuntimeMethodHandle rmh, SecurityAction action, Object demand, IPermission permThatFailed)
at System.Security.CodeAccessSecurityEngine.CheckSetHelper(PermissionSet grants, PermissionSet refused, PermissionSet demands, RuntimeMethodHandle rmh, Object assemblyOrString, SecurityAction action, Boolean throwException)
at System.Security.CodeAccessSecurityEngine.CheckSetHelper(CompressedStack cs, PermissionSet grants, PermissionSet refused, PermissionSet demands, RuntimeMethodHandle rmh, Assembly asm, SecurityAction action)
at createuser.Create_User.button_Create_User_Click(Object sender, EventArgs e)
at System.Windows.Forms.Control.OnClick(EventArgs e)
at System.Windows.Forms.Button.OnClick(EventArgs e)
at System.Windows.Forms.Button.OnMouseUp(MouseEventArgs mevent)
at System.Windows.Forms.Control.WmMouseUp(Message& m, MouseButtons button, Int32 clicks)
at System.Windows.Forms.Control.WndProc(Message& m)
at System.Windows.Forms.ButtonBase.WndProc(Message& m)
at System.Windows.Forms.Button.WndProc(Message& m)
at System.Windows.Forms.Control.ControlNativeWindow.OnMessage(Message& m)
at System.Windows.Forms.Control.ControlNativeWindow.WndProc(Message& m)
at System.Windows.Forms.NativeWindow.DebuggableCallback(IntPtr hWnd, Int32 msg, IntPtr wparam, IntPtr lparam)
at System.Windows.Forms.UnsafeNativeMethods.DispatchMessageW(MSG& msg)
at System.Windows.Forms.Application.ComponentManager.System.Windows.Forms.UnsafeNativeMethods.IMsoComponentManager.FPushMessageLoop(Int32 dwComponentID, Int32 reason, Int32 pvLoopData)
at System.Windows.Forms.Application.ThreadContext.RunMessageLoopInner(Int32 reason, ApplicationContext context)
at System.Windows.Forms.Application.ThreadContext.RunMessageLoop(Int32 reason, ApplicationContext context)
at System.Windows.Forms.Application.Run(Form mainForm)
at createuser.Program.Main()
at System.AppDomain.nExecuteAssembly(Assembly assembly, String[] args)
at System.AppDomain.ExecuteAssembly(String assemblyFile, Evidence assemblySecurity, String[] args)
at Microsoft.VisualStudio.HostingProcess.HostProc.RunUsersAssembly()
at System.Threading.ThreadHelper.ThreadStart_Context(Object state)
at System.Threading.ExecutionContext.runTryCode(Object userData)
at System.Runtime.CompilerServices.RuntimeHelpers.ExecuteCodeWithGuaranteedCleanup(TryCode code, CleanupCode backoutCode, Object userData)
at System.Threading.ExecutionContext.RunInternal(ExecutionContext executionContext, ContextCallback callback, Object state)
at System.Threading.ExecutionContext.Run(ExecutionContext executionContext, ContextCallback callback, Object state)
at System.Threading.ThreadHelper.ThreadStart()