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CCS 5 floating licence

I am trying to install a floating licence for code composer 5 on my machine. I have followed the instructions on http://processors.wiki.ti.com/

I have installed Imadmin and the unziped all other files into the same installation directory. 

When I try to start the Vendor Daemon from FlexNet, it goes to "starting up" state and stays there. It never gets to the running state