>I was thinking if I move the LongTask out of the app and make it a multi-thread COM server; the DO WHILE LOOP will just instantiate the LongTask now in the COM server, and the app will just go on its way.
>Again, I don't know a lot about COM servers and I may be wrong.

Sorry, thats not how it works, automatically. But registering your component as a Queued Component in COM+ should get what you want.