Pantone libraries have expired in PCM

Error message states that the PANTONE libraries in PANTONE Color Manager have expired.

 In Windows 7, if PANTONE Color Manager displays a message that the PANTONE libraries have expired, correct this by doing the following: 

1. Go to the following directory in your computer's hard drive: 
C:\Users\(your username)\AppData\|Roaming\PANTONE\PANTONE Color Manager 

2. From the above location, delete the 'PantoneLIVE' folder. 

3. Launch PANTONE Color Manager - it should run properly. 

* Please note: AppData is a hidden file and you may need to adjust your Folder Options to allow viewing of hidden files.