No, the software can't be used for videos because it doesn't have this functionality. I've checked the installation directory and its features, but it's nowhere specified about video playback support. I've used the download from the official website and tried to install it as well and the only thing related to videos is that various drivers have to be installed before the application be used properly.
You can download the same package through the following website: http://www.d-box.com/download/actc/
Note: According to its description, you will also need special video files to process, because it doesn't work with regular videos and the file format is not one of those usual ones.
