Have just answered this question in an email, but it is a good question so here is the copy of the answer here.The feature you are describing is called "designer verbs". These are specific actions available only at design-time, and they all are implemented in a separate DLL TenTec.Windows.iGridLib.iGrid.Design.v3.0.dll which is generally placed in the DesignTime subfolder of the folder with the core iGrid.NET DLL (TenTec.Windows.iGridLib.iGrid.v3.0.dll).
But that's not enough - a special registry key should be created to allow VS IDE to find that design-time library. If you used a .reg file to add it manually, it would look like this:
Windows Registry Editor Version 5.00
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\.NETFramework\v2.0.50727\AssemblyFoldersEx\10Tec_iGrid_4.0_Release]
@="D:\\10Tec\\Controls\\dotNET\\iGrid.NET\\v400\\Bin_Release\\"
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\.NETFramework\v2.0.50727\AssemblyFoldersEx\10Tec_iGrid_4.0_Release_DesignTime]
@="D:\\10Tec\\Controls\\dotNET\\iGrid.NET\\v400\\Bin_Release\\DesignTime\\"
/Sure, you should use the effective paths./
We guess you deployed the SP1 DLLs manually so you have this problem. Are we right? If you install the component using the demo installations, all these actions are performed by the installer automatically, and you do not worry about it.