VT-X Missing from i7-4930K?

I put a new build together with ASUS X79 Sabertooth board and Intel i7-4930K cpu and when trying to run virtualbox on the system, I get the error "VT-x is not available"

I checked the BIOS and VT is enabled but when I run the Intel Processor Identification Utility, I get the following:

Intel(R) Processor Identification Utility

Version: 4.90.20140429

Time Stamp: 2014/05/16 17:30:41

Operating System: 6.2-9200-

Number of processors in system: 1

Current processor: #1

Active cores per processor: 6

Disabled cores per processor: 0

Processor Name: Intel(R) Core(TM) i7-4930K CPU @ 3.40GHz

Type: 0

Family: 6

Model: 3E

Stepping: 4

Revision: 416

Maximum CPUID Level: D

L1 Instruction Cache: 6 x 32 KB

L1 Data Cache: 6 x 32 KB

L2 Cache: 6 x 256 KB

L3 Cache: 12 MB

Packaging: LGA2011

Enhanced Intel SpeedStep(R) Technology: Yes

MMX(TM): Yes

Intel(R) SSE: Yes

Intel(R) SSE2: Yes

Intel(R) SSE3: Yes

Intel(R) SSE4: Yes

Intel(R) AES-NI: Yes

Intel(R) AVX: Yes

Enhanced Halt State: Yes

Execute Disable Bit: Yes

Intel(R) Hyper-Threading Technology: Yes

Intel(R) 64 Architecture: Yes

Intel(R) Virtualization Technology: No

Intel(R) VT-x with Extended Page Tables: No

System Graphics: Add-in Graphics

Expected Processor Frequency: 3.40 GHz

Reported Processor Frequency: 3.60 GHz

Expected System Bus Frequency: 100 MHz

Reported System Bus Frequency: 100 MHz

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It was my understanding that the 4930K supported VT but as you can see, the utility says VT is not supported and VT-x is also not supported.  I'm stumped as to how to move forward on this. 

Any help would be greatly appreciated. 

Harry