SpringBoard failed to launch application with error : -3 & 0

ios7xcode5

I've installed Xcode 5.0.2, Most of the Time, when I run my application in Simulator.
I'm getting Error, which is –

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If any one could tell me, the Cause of Error and How it can be resolved .

Best Answer

a) Goto Ios Simulator -> Click Reset and Content and settings. b) Now clean, build and run your application. I thing it will work. Thanks.