SQL 2008 Package in SQL 2005

Hi, 

I developed a SSIS package on Visual studio 2008 ( BIDS). My package runs absolutely fine from BIDS.  I am populating SQL Server 2005 tables. 

However when I deploy my package on the SQL server 2005 I get the below error :

Executed as user:  ...sion 9.00.4035.00 for 32-bit  Copyright (C) Microsoft Corp 1984-2005. All rights reserved.    Started:  10:23:26 PM  Error: 2012-08-06 22:23:26.53     Code: 0xC001700A     Source:       Description: The version number in the package is not valid. The version number cannot be greater than current version number.  End Error  Error: 2012-08-06 22:23:26.56     Code: 0xC0016020     Source:       Description: Package migration from version 3 to version 2 failed with error 0xC001700A "The version number in the package is not valid. The version number cannot be greater than current version number.".  End Error  Error: 2012-08-06 22:23:26.56     Code: 0xC0010018     Source:       Description: Error loading value "<DTS:Property xmlns:DTS="www.microsoft.com/SqlServer/Dts" DTS:Name="PackageFormatVersion">3</DTS:Property>" from node "DTS:Property".  End Error  Could not load package "...  The package could not be lo...  The step failed.

I did research about this and I get to know that :

This happens when we try to run the SSIS 2008 package on SQL 2005 machine ( server).

This machine that I am running SSIS 2008 package on does NOT have SQL 2008 BIDS installed. 

Please advice as to what I need to do inorder to run the package on SQL 2005 server machine? Are there any workarounds ? 

Thanks,

EVA05