ATTENTION! If you already have USB-Emulator for MC X4 (HASP or NetHASP) installed you can skip steps 1) - 5) and need only to run "mastercam_X5_crk.exe" 1) Unpack a folders "USB-Emul_Win64" and "remove_old_emuls" to your computer 2) Run "remove_old_emuls\delete_old_emuls.bat" to CLEAR a Windows Registry from "blacklisted" Emulators 3) Run "mcamX4_MU3-dealer-nethasp.reg" or "mcamX4_MU3-industrial-nethasp.reg" (dealer dump has got extended functionality!) if you want to install Mastercam X5 with NetHASP SIM type. or run "mcamX4_MU3-dealer_hasp.reg" if you want to install Mastercam X5 with HASP SIM type. 4) Install a USB-Win64 Emulator You need a local Administrator rights to install this emulator for Win64! On Windows Vista64 and Windows7 64-bit you need to boot Windows in mode F8 > Desable Unsigned Drivers Enforcment !!! 4.1. Reboot computer (for Windows Vista64 and Windows7 64-bit you need to boot Windows in mode F8 > Desable Unsigned Drivers Enforcment !!!) 4.2. Install usb-emulator drivers Start -> Control Panel -> Add Hardware (Yes, I have already connected the hardware) -> Add a new hardware device -> Install the hardware that I manually select from a list -> Show all Devices -> Have disk -> Browse -> (browse to folder "USB-Emul_Win64") -> OK -> Confirm to install not certificated drivers if Windows ask for.. If setup is succesfull you have to see new system device: Device Manager -> System devices -> Virtual Usb Bus Enumerator 5) Install MC X5 as HASP or NetHASP SIM type. 6) Copy Mastercam.exe from crack to and replace original one 7) Enjoy