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Installed application builder but can't see it in license manager

I have Labview 8.6 and I purchased the application builder. I've installed it from the DVD, which forced a re-install of Labview.

When I go to activate the licence in License Manager the application builder is not there in the menu on the left. The option to build an executable is still greyed out in Labview.

 

When installing I selected to install application builder and I entered the serial number for it.

 

Am I missing something here? Is there something else I should have done?

 

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