how to set a compiler for building standalons in 64 bit machine?

while trying to make a standalone file got an error message:
Run mbuild-setup to specify the default complier options file

so I ran mbuild-setup and these is what i got:

>> mbuild -setup
Please choose your compiler for building standalone MATLAB applications: 

Would you like mbuild to locate installed compilers [y]/n? y

Select a compiler: 

[0] None 

Compiler: 0

    mbuild: No compiler selected. No action taken. 

im running win8 and MATLAB 7.10.0(R2010a)
please help