No, the application is not working in Windows 10 because the latest version was released with compatibility for Windows XP only. In Windows 10, you have to install a virtualization product and then install XP in that environment to launch the software.
You can apply a compatibility tweak on the setup package using right-click on file then Properties > Compatibility > Windows XP Service Pack 3. This is the only way to attempt a possible launch in Windows 10 operating system.