atls.lib Error when Building Device Emulator OS

When building a Device Emulator OS design project, it is common to receive an error in the build process that refers to atls.lib. Visual Studio simply writes BLDEMO: There was an error in the build process. The true cause of the error is found in the build.log file, typically located in C:\WINCE600.
At the end of the build.log file, the following lines point to the error cause:
NMAKE : fatal error U1073: don't know how to make 'C:\WINCE600\OSDesigns\OSDesign1\OSDesign1\Wince600\DeviceEmulator_ARMV4I\cesysgen\oak\lib\ARMV4I\retail\atls.lib'
Stop.
NMAKE : fatal error U1077: 'C:\WINCE600\sdk\bin\i386\nmake.exe' : return code '0x2'
Stop.
To solve the build error, the Active Template Library needs to be included in OS using the  Catalog view. Just type ATL in the Catalog view search bar and check the "Active Template Library(ATL)" entry.

After adding the reference to ATL, run the Sysgen build command to generate the OS image.