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CCS/66AK2H12: 66Ak2H12 Simulator not running in Code Composer Studio Version 5.5.0

Part Number: 66AK2H12

Tool/software: Code Composer Studio

I am not able to run 66AK2H12 Simulator in Code Composer Studio  Version  5.5.0. It is reporting an active ARM license is required to simulate 66AK2H12.

I had downloaded this CCS from TI website

http://processors.wiki.ti.com/index.php/Download_CCS

How to get this required license to simulate 66AK2H12?

Error screenshot is as follows when simulator launched

Regards

G K Reddy