The below is the displayed output in the console:
[2011-08-10 15:59:37 - Activities] ------------------------------
[2011-08-10 15:59:37 - Activities] Android Launch!
[2011-08-10 15:59:37 - Activities] adb is running normally.
[2011-08-10 15:59:37 - Activities] Performing net.learn2develop.Activities.ActivitiesActivity activity launch
[2011-08-10 15:59:37 - Activities] Automatic Target Mode: launching new emulator with compatible AVD 'andy2'
[2011-08-10 15:59:37 - Activities] Launching a new emulator with Virtual Device 'andy2'
[2011-08-10 15:59:38 - Emulator]
[2011-08-10 15:59:38 - Emulator] This application has requested the Runtime to terminate it in an unusual way.
[2011-08-10 15:59:38 - Emulator] Please contact the application's support team for more information.
[2011-08-10 15:59:40 - Emulator] Failed to allocate memory: 8
I am getting this error regularly. Please help me out of this.

This worked for me.
AVD Manager
Show Advanced SettingsCold boot from Boot option.Force quit your Emulator, and run again.
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