To have this application running in your Windows 7 operating system, you need to install Windows XP into a virtual machine. You can do this with VirtualBox. VirtualBox is emulation software which allows you to install all kind of operating systems. After you have installed the application, use the official tutorial and create a machine with Windows XP. You also need a Windows XP installation disc or image.
When all the operations finish, use the VirtualBox menu and install its VirtualBox tools to benefit from 3D acceleration. Transfer your game through drag and drop and then you can play the game in Windows 7.