Assertion failed
Program C:\...\ifbld90.exe
File ut\SRC\UTJ\SRC\UTJL.C
Line  428 

Expression result == utjERR_SUCCESS
...

This is explained in Note  210087 . 1 , available on MetaLink. Basically, the note says that Windows NT/ 2000  always searches for a DLL into \WINNT\SYSTEM32 directory and \WINNT directory before the directories listed in the path environment variable. 

If a JVM.DLL exists in \WINNT\SYSTEM32 or \WINNT, it will be used instead of the JVM.DLL located in <ORACLE_HOME>\jdk\jre\bin\classic.

The solution is to rename the JVM.DLL in \WINNT\SYSTEM32 or \WINNT. Don't just copy the JVM.DLL from <ORACLE_HOME>\jdk\jre\bin\classic to \WINNT\SYSTEM32, because others DLL are searched from the JVM.DLL location.