If you can't get the application run on Windows 7, then I recommend changing its compatibility mode. To do this, right click the CD drive in Computer and choose Explore. Locate the executable file for Ultimate Library and access its Properties. Switch to Compatibility and pick an operating system from the list older than Windows 7 (eg. Windows XP). Right click the file again and choose Run as Administrator and that's it. There is no other way to overcome this issue.