J2SE Version (please include all output from java -version flag):
   (from webstart console)
  Java Web Start 10.45.2.03
   Using JRE version 1.7.0_45-ea-b03 Java HotSpot(TM) 64-Bit Server VM

Does this problem occur on J2SE 6ux or 7ux? Yes / No (pick one)
   No

Operating System Configuration Information (be specific):
    Windows 7 Ultimate 64-bit SP1

Hardware Configuration Information (be specific):
   Compaq nx7400 laptop
   4 GB memory
   Intel T5600

Bug Description:
    NPE in webstart, which causes target application not to launch

java.lang.NullPointerException
at com.sun.javaws.jnl.LaunchDesc.getLocalSecurityPolicy(Unknown Source)
at com.sun.javaws.jnl.LaunchDesc.getMatchImpl(Unknown Source)
at com.sun.javaws.jnl.LaunchDesc.getJREMatcher(Unknown Source)
at com.sun.javaws.Launcher.prepareLaunchFile(Unknown Source)
at com.sun.javaws.Launcher.prepareAllResources(Unknown Source)
at com.sun.javaws.Launcher.prepareToLaunch(Unknown Source)
at com.sun.javaws.Launcher.prepareToLaunch(Unknown Source)
at com.sun.javaws.Launcher.launch(Unknown Source)
at com.sun.javaws.Main.launchApp(Unknown Source)
at com.sun.javaws.Main.continueInSecureThread(Unknown Source)
at com.sun.javaws.Main.access$000(Unknown Source)
at com.sun.javaws.Main$1.run(Unknown Source)
at java.lang.Thread.run(Unknown Source)


Webstart Console:
Java Web Start 10.45.2.03
Using JRE version 1.7.0_45-ea-b03 Java HotSpot(TM) 64-Bit Server VM User home directory = C:\Users\ocMAClaassen
----------------------------------------------------
c: clear console window
f: finalize objects on finalization queue
g: garbage collect
h: display this help message
m: print memory usage
o: trigger logging
p: reload proxy configuration
q: hide console
r: reload policy configuration
s: dump system and deployment properties
t: dump thread list
v: dump thread stack
0-5: set trace level to <n>
----------------------------------------------------
CacheEntry[https://www.ocie.net/OcieDemo/JViewer/jnlp/viewer.jnlp]:
updateAvailable=true,lastModified=Wed Jul 24 14:16:26 EDT 2013,length=11212 #### Java Web Start Error:
#### null

Steps to Reproduce (be specific):
  Can be reproduced on the demo site. https://www.ocie.net/OcieDemo/JViewer/webstart.html
  Click on the login link.
  Java 7 splash screen starts, select continue on the certificate warning dialog. Then the "Unable to launch the appplication" dialog appears.