You have a very old version of the application. The latest one is 7.2 not 1.2 and there have been a lot of changes since the release of the application.
I recommend downloading the latest version from the following link: http://gregorybraun.com/PassKeep.html
After installation, go to Help > Contents. Expand the Program Information and click on the Release Notes. You'll have all the version history and the corresponding changes.