Make sure the Quad Capture is not plugged into a USB hub. It should be plugged into a USB Port on the computer or a powered hub, but not a unpowered hub.
Also, the instructions are very specific that the Quad-Capture must not be connected to the computer when installing the drivers. Most USB equipment is like that. If you didn't install it properly, then uninstall it, then re-install it following the instructions in the manual carefully.
What other equipment are you using, specifically do you have any other USB devices like a USB microphone or other audio device that could be interfering with the Quad-Capture?