I have the sme problem with the same board. I get a code of 27, then 60, then 36, and shuts down and restarts and repeats until I mannually turn off the power supply. I have been building computers for a while and this is the first time I ran into this problem. I checked and the CPU is a compatible i3-550 and the memory is two DDR3 2GB also comptble with this Motherboard. Please help me.
I have the exact same issue with this board. This is pure crap from a company that I have been doing business with for over 20 years.
Intel will no longer get my business until they get their act straight.