What url are you passing to URLRequest?
For testing the URL im ausing is http://google.com
This buton click operation works when I run it from the Flex Builder Application, by clicking on the "Run" Button, the swf file gets created in the /bin-debug folder.
Once I export it "Export Release build" all the necessary files get created in the /bin-release folder. Here if i open the html file and click on the button nothing happens
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You may need to set the -use-network compiler argument to true or false depending on your situation.
Project - Properties - Flex Compiler - Additional compiler arguments:
Add -use-network=true and if that doesn't work add -use-network=false.
Awesome thanks alot!!!! Setting the -use-network=false worked!!!!