Backup Exec is giving me an error and I cannot figure out why the  backup is failing.  Failure querying the Writer status.

Backup Exec is giving me an error and I cannot figure out why the  backup is failing other than possible space related issues.  Failure querying the Writer status.  Below is the error message.  Could this be a space issue.?

Error:
Job ended: Tuesday, January 29, 2008 at 4:30:25 AM
Completed status: Failed
Final error: 0xe000fed1 - A failure occurred querying the Writer status.
Final error category: Resource Errors

Backup- SERVERNAME- AOFO: Initialization failure on: "System?State". Advanced Open File Option used: Microsoft Volume Shadow Copy Service (VSS).
Snapshot provider error (0xE000FED1): A failure occurred querying the Writer status.
Check the Windows Event Viewer for details.
Writer Name: Registry, Writer ID: {xxxxxxx-xxxx-xxxxx-xxxx-xxxxxxxxxxx}, Last error: The VSS Writer ran out of memory or resources (0x800423f1), State: Failed during prepare snapshot operation (8).
Backup- \\FILE SERVERNAME\D: FILE SERVERV-xx-xxxxx-xxxxx - AOFO: Initialization failure on: "\\FILE SERVERNAME\System?State". Advanced Open File Option used: Microsoft Volume Shadow Copy Service (VSS).
Snapshot provider error (0xE000FED1): A failure occurred querying the Writer status.
Check the Windows Event Viewer for details.
Writer Name: COM+ Class Registration Database, Writer ID: {xxxxxxx-xxxx-xxxx-xxxx-xxxxxxxxxx}, Last error: The VSS Writer ran out of memory or resources (0x800423f1), State: Failed during prepare snapshot operation (8).
Writer Name: Registry, Writer ID: {xxxxxxxx-xxxx-xxxx-xxxx-xxxxxxxxxx}, Last error: The VSS Writer ran out of memory or resources (0x800423f1), State: Failed during prepare snapshot operation (8).

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