Recently I was setting up PXE booting with SCCM 2012 R2 (new setup). When starting the client workstation up and pressing F12 to network boot, I got the following error:
Having a look online to find out what this issue was, I struggled to find the exact cause of my particular issue. There were many blogs and posts about this issue, but nothing referred to a solution which would have helped me.
It turns out that this is a bug with Microsoft and there is a Hot Fix available to download. The Hot Fix is available here.
After installing this Hot Fix, I rebooted the SCCM server, then attempted to boot to PXE again on the client workstation. This time it worked perfectly!