Painter 2020 won't launch

When launching painter I am faced with an error stating that it can't be used with this version of Mac OS. See attached. 

Here is the Apple log file generated by the error;

Process:               Corel Painter 2020 [684]

Path:                  /Applications/Corel Painter 2020/Corel Painter 2020.app/Contents/MacOS/Corel Painter 2020

Identifier:            com.corel.Painter2020

Version:               20.0.0.256 (20.0.0.256)

Code Type:             X86-64 (Native)

Parent Process:        ??? [1]

Responsible:           Corel Painter 2020 [684]

User ID:               884939350

Date/Time:             2019-10-02 06:04:11.594 -0400

OS Version:            Mac OS X 10.14.6 (18G87)

Report Version:        12

Bridge OS Version:     3.0 (14Y904)

Anonymous UUID:        xxxxxxx

Time Awake Since Boot: 230 seconds

System Integrity Protection: enabled

Crashed Thread:        0

Exception Type:        EXC_CRASH (SIGABRT)

Exception Codes:       0x0000000000000000, 0x0000000000000000

Exception Note:        EXC_CORPSE_NOTIFY

Termination Reason:    DYLD, [0x1] Library missing

Application Specific Information:

dyld: launch, loading dependent libraries

Dyld Error Message:

  Library not loaded: /Library/Preferences/*/libPASMUtility.dylib

  Referenced from: /Applications/Corel Painter 2020/Corel Painter 2020.app/Contents/MacOS/Corel Painter 2020

  Reason: image not found

Binary Images:

       0x104884000 -        0x10658884f +com.corel.Painter2020 (20.0.0.256 - 20.0.0.256) <46BE715A-082A-3573-A122-BAA252B1768E> /Applications/Corel Painter 2020/Corel Painter 2020.app/Contents/MacOS/Corel Painter 2020

       0x11871b000 -        0x1187856ef  dyld (655.1.1) <D3E77331-ACE5-349D-A7CC-433D626D4A5B> /usr/lib/dyld

Model: MacBookPro14,3, BootROM 198.71.1.0.0, 4 processors, Intel Core i7, 2.9 GHz, 16 GB, SMC 2.45f0

Graphics: kHW_AMDRadeonPro560Item, Radeon Pro 560, spdisplays_pcie_device, 4 GB

Graphics: kHW_IntelHDGraphics630Item, Intel HD Graphics 630, spdisplays_builtin

Memory Module: BANK 0/DIMM0, 8 GB, LPDDR3, 2133 MHz, 0x80CE, 0x4B3445424533303445422D45474347202020

Memory Module: BANK 1/DIMM0, 8 GB, LPDDR3, 2133 MHz, 0x80CE, 0x4B3445424533303445422D45474347202020

AirPort: spairport_wireless_card_type_airport_extreme (0x14E4, 0x173), Broadcom BCM43xx 1.0 (7.77.61.2 AirPortDriverBrcmNIC-1305.8)

Bluetooth: Version 6.0.14d3, 3 services, 27 devices, 1 incoming serial ports

Network Service: AirPort, AirPort, en0

USB Device: USB 3.0 Bus

USB Device: Apple T1 Controller

Thunderbolt Bus: MacBook Pro, Apple Inc., 41.1

Thunderbolt Bus: MacBook Pro, Apple Inc., 41.1

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I've been looking online but have not found anything to assist my issue.