Probably too late now, but IIS Express 7.5 is 32-bit and cannot host a 64-bit process. I'm assuming that's what your problem is/was because I had a similar issue with the Oracle.DataAccess.dll. However, IIS Express 8.0 Beta can host your 64-bit site.
Visual Studio will only start the 32-bit IIS Express 8 process when you use it to start the site (F5 or Ctrl-F5). However, you can start the 64-bit process from the command line and then attach to the IIS Express process from Visual Studio, if you want to debug. The command I use is:
c:\Program Files\IIS Express\iisexpress.exe /site:SiteName
The the default IIS Express config file is in your documents folder at IISExpress\config\applicationhost.config
. That file contains the definitions for your sites and gives you the site name, which you can change.
Make sure you read the instructions for Upgrading from IIS Express 7.5.