The reply to this thread was correct. However, I needed the 64-bit libraries.
To install 64-bit Mathematica Compiler Runtime 7.5 when it doesn't work otherwise on recent Linux: extract both the 32-bit and 64-bit installers as below, then run the 64-bit setup.jar file with the bin/java from provided 32-bit JRE.
I've confirmed in my case not possible to install 64-bit release using provided sun JRE. (I also was stumped why I could not run it with a standard JRE such as openjdk 1.7 or 1.8)
# console and GUI install failed, try with extract option:
../birdsuite/birdsuite-1.5.5/MCRInstaller.75.glnxa64.bin -is:extract
4 files extracted in the directory ../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800
../birdsuite/birdsuite-1.5.5/MCRInstaller$ cd istemp1629296194800/
# FAIL: try to install setup.jar with provided 64-bit JRE:
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ chmod a+x ./jre1.5.0-linux-amd64.bin
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ ./jre1.5.0-linux-amd64.bin
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ bin/java -jar setup.jar
Error occurred during initialization of VM
java/lang/NoClassDefFoundError: java/lang/Object
# FAIL: try to install seutp.jar with system java:
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ java -jar setup.jar -console
The wizard cannot continue because of the following error: could not load wizard specified in /wizard.inf (104)
WARNING: could not delete temporary file /tmp/ismp001/5786142
WARNING: could not delete temporary file /tmp/ismp001/2471200
# PASS: try to install setup.jar with 32-bit JRE:
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ ../birdsuite/birdsuite-1.5.5/MCRInstaller.75.glnx86.bin -is:extract
4 files extracted in the directory ../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp6585296212110
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp6585296212110$ ls
JVMNotFound.txt Verify.jar linux-sun-1.5.0.bin setup.jar
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp6585296212110$ chmod a+x ./linux-sun-1.5.0.bin
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp6585296212110$ ./linux-sun-1.5.0.bin
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp658529
6212110$ ls
CHANGES README bin linux-sun-1.5.0.bin
COPYRIGHT THIRDPARTYLICENSEREADME.txt javaws man
JVMNotFound.txt Verify.jar jvm plugin
LICENSE Welcome.html lib setup.jar
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp658529
6212110$ export JAVA_HOME=$(pwd)
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp658529
6212110$ export JRE_HOME=$(pwd)
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800/istemp658529
6212110$ unset CLASSPATH
../birdsuite/birdsuite-1.5.5/MCRInstaller/istemp1629296194800$ istemp6585296212110/bin/java -jar ./setup.jar -console
-------------------------------------------------------------------------------
MATLAB Component Runtime 7.7 - InstallShield Wizard
Welcome to the InstallShield Wizard for MATLAB Component Runtime 7.7
The InstallShield Wizard will install MATLAB Component Runtime 7.7 on your
computer.
To continue, choose Next.
MATLAB Component Runtime 7.7
The MathWorks
http://www.mathworks.com