[ubuntu] Ubuntu 12.04 Live CD Crashes

Unusual Problem. I cannot get ther Ubuntu 12.04 live cd to run on my Acern Aspire 3003 WLCi laptop. Mint 13 also fails. The live CD starts to load, but crashes with kernel panic. These same cds work fine on a Dell 600M laptop and several desktops. Puppy and other Linux based utilities load fine. Any suggestions will be appreciated.
Thanks,

My system:
Acer Aspire 3003WLCi
CPU - AMD Mobile Sempron 3000+
MOBO - Acer Lucano M
BIOS - Phoenix NoteBIOS 4.o
Video - SiS M760GX 128 mb 1280x800
LAN - SiS 900 PCI Fast Ethernet
WIFI - Broadcom BCM43XX
Audio - Realtek '97
Pad - Synaptics PS/2 Toufhpad
USB - SiS 7001 PCI to USB Host
Optical - DVD / CDRW