Hmmm, just tried it on a different SP2 machine and again it works fine with the above settings. For some reason EMS isn't available on your install even though you've selected it???
As Stareye says however, Dosbox is a great and easy to use solution for multiple games. I just thought I'd mention I've got it working without emulation for those who can't be bothered to use it or don't have a powerful PC.