I have the same problem, here are my server settings:
Betriebssystem : SunOS (32 Bit)
Server : Apache/2.2.27 (Unix)
memory usage: 33.82 MByte
MySQL Version : 5.5.37-log
SQL Modus : not set
PHP Version : 5.3.28
PHP Safe Mode : off
PHP Allow URL fopen : on
PHP Memory Limit : 128
PHP Max Upload size: 32M
PHP Max Post size: 48M
PCRE Backtracking Limit : 1000000
PHP Max Script Execute Time : N/As
PHP Exif Modul : yes( V1.4 )
PHP IPTC Modul : yes
PHP XML Modul : yes
Grafik-Bibliothek
GD Version : bundled (2.1.0 compatible)
FreeType Support : yes
FreeType Linkage : with freetype
T1Lib Support : no
GIF Read Support : yes
GIF Create Support : yes
JPEG Support : yes
PNG Support : yes
WBMP Support : yes
XPM Support : no
XBM Support : yes
JIS-mapped Japanese Font Support : no
