Font Embedding in Flash CS5

Flash CS5 introduces a new way of emebdding fonts and unfortunately it breaks the older way of embedding fonts :( . The older way of embedding fonts which can be found here , does not work anymore for Flash IDE projects though that will still work for pure AS3 projects. I was using this method only in my project but as soon as I upgraded to flash CS5, text disappeared in my compiled movie. Googling pointed me to these two:

Embedding font family in AS3

While trying to embed font in AS3 ran into problem. I was trying to embed MyriadPro font into my AS3 application and got error "exception during transcoding: Font for alias 'MyriadPro' with plain weight and style was not found at: file" and like always Googling provided the solution.