This is how I set it up on Windows 7 64bit1. Launch (SETUP), proceed with the (License Agreement) and click on (Set Up Licensing). Do not enter or change any paths (leave them as is) click Next. (License File Needed) will popup (just click OK). Next, proceed with the installation of the (Cadence Licence Manager -> click NEXT, then with the (Installation Summary) -> Click NEXT. After the License Manager setup DO NOT CONTINUE with the (Install Products) install process for now (click NO). Steup Complete -> click FINISH2. Now copy the contents of license_manager from SHooTERS folder to installed directory of C:\OrCAD\license_manager. Overwrite the 2 files.3. Go into the installed folder on the hard drive (C:\OrCAD\license_manager) and Open (orcad16.lic) in a text editor (notepad) and (in the first line of the file) replace the word (this_host) (without the brackets) with the name of the Computer being installed on, and save the file. You will need the exact name of the computer - verify -> go to system properties -> (under the tab) Computer Name - will find "Full Computer Name:"4. Launch the same (SETUP), proceed with the (License Agreement) and click on (Set Up Licensing), Now change (Specify the license file you received,then click Next.) Click on browse to enter the path of the license file C:\OrCAD\license_manager\orcad16.lic and click Next. Ignore the (Failure to load License File) error that popped up by clicking on OK and then press Cancel. The (Exit Setup) will ask are you sure? click yes.5. Launch the same (SETUP), proceed with the (License Agreement) and click on (Install Products). (Release Orcad 16.0 Setup) will advise to turn off anti virus blah balh balh... - click OK.6. (License Manager Communication) enter (Port Number) 5280 and (Host Name) as the name of your Computer that it will be installed on (same as step 3) and click Next. (Control File Location) leave it blank and click Next. (Select Products) you can select all the apps you want to install and then click Next. (Working Directory) - click Next. (Footprint Viewer) you can choose whatever you need or leave it at None - click Next. (Select Program Folder) - click Next. (installation Summary) - Click Next.(Product File Extension Registration) will appear - you can choose Yes if you need it or No to leave it alone. (Text Editor File Extension Registration) will appear - you can choose Yes if you need it or No to leave it alone. Setup is completed - click Finish.7. After the installation is completed, go to Start->Programs->Cadence License Manager->License Manager Tools in the Config Services tab. change "Path to the license file" (it would be some license.dat initially) change it (by using browse) to C:\OrCAD\license_manager\orcad16.lic and after click on "save Service" then YES. Don't close LMTOOLS yet.8. Next Go to the tab (Start/Stop/Reread) and click on (Start Server) button (see status bar at bottom Server Start Successful). Next click on (Reread License File). Wait for the reread operation to be completed (see status bar at bottom Reread Server License Completed). Now you can exit.9. Now check if the Cadence License Manager service is running in the Control Panel->Administrator Tools->Services.10. Copy orcad_16.0_patcher.exe to the installed folder C:\OrCad and then run it - click on (Update). After it completes the (update patch), it will open a log file to notify which files were patched and skipped (if any).11. Done***For my install of the patch, I received 2 files that were skipped:bin\a2dxf.exe -> Original file not existed, it has been skipped.bin\dxf2a.exe -> Original file not existed, it has been skipped.So far everything works for me