I got it working finally. Thanks for your help bitpop.
FYI 0.92 is the necessary version required.
Since Armory version 0.92 the formats for offline transaction operations has changed to accommodate multi-signature transactions. This format is not compatible with versions of Armory before 0.92.
If anybody else running Ubuntu 12.04 is in the same boat, here's where I found all of my dependencies.
https://launchpad.net/ubuntu/+source/qt4-x11/4:4.8.1-0ubuntu4.8/+build/5933354