Hi Prads,
We currently have an upgrade package that you can purchase to upgrade your Modulation Toolkit to version 4.0. I have verified that the modulation toolkit 4.0 is compatible with LabVIEW 8.0 or Later so you will be able to use it with LabVIEW 8.2. If you would like to get a quote for this upgrade, please contact our sales team by calling Tel: (888) 280-7645. Some other contact info can be found
here. Please let me know if you have any other questions or concerns.
Regards,
Paul C.