No, the application is not compatible with Windows 8 because there is no source to obtain information. I have tried to access the official website, but I encountered a generic search page for when a domain expires. This means the software is discontinued and no update will come again in the near future. You will have to use vitualization to install another compatible operating system to run the application because there is no other way.
For this procedure, use Virtualbox: https://www.virtualbox.org/wiki/Downloads