This material file is bad or corrupted, photoshop

The issue:

As soon as we start the photoshop we were getting this issue. This issue shows up and once we click on OK button the photoshop open normally works fine. At the beginning of photoshop this issue was annoying and wanted to solve this issue. Following is the error message:

This material file is bad or corrupted

The reason of the issue:

This issue occured because we added custom pattern that was corrupted and causing this issue.

Solution of the issue:

To solve this issue follow the setps below:

• Go to the Edit menu
• Look for Presets option
• Look for Preset Manager option click on that
• Now Switch the Preset type to patterns

In short: Edit>Presets>Preset Manager and then switch the Preset type to patterns