java.lang.OutOfMemoryError: unable to create new native thread (on backup with Local Copy enabled)

ServosityPro: 5.5.1.0
OS: All platforms

When performing a backup of any type with local copy enabled, the following error message is received in the backup report:

Backup Logs  No.  Type  Timestamp  Backup Logs 1 Info YYYY/MM/DD hh:mm Start [ All platforms (Test), ServosityPro 5.5.1.0 ] 2 Info YYYY/MM/DD hh:mm Start running pre-commands 3 ... ... ... 4  Info YYYY/MM/DD hh:mm Start running local backup 5  ... ... ... *  Error  YYYY/MM/DD hh:mm unable to create new native thread

Upon further investigation, if ServosityPro is started in Debug Mode, the following error messages would be received in the command prompt:

Exception in thread "Thread-10" java.lang.OutOfMemoryError: unable to create new
native thread at java.lang.Thread.start0(Native Method)
       at java.lang.Thread.start(Thread.java:597)
       at sun.awt.image.ImageFetcher$1.run(ImageFetcher.java:279)
       at java.security.AccessController.doPrivileged(Native Method)
       ...

Notes:
This issue can also occurs on a Seed Load backup.

Due to a problem with the memory management of ServosityPro version 5.5.1.0, the Java process has run out of memory.

To resolve the issue, please patch the ServosityPro software to the latest hot-fix release.

The instruction can be found here
http://servosity.zendesk.com/entries/118949-faq-how-to-install-the-latest-patch-set-or-hotfixes-to-servositypro-or-servositystandard