Go to the License Update Generator website. You will need to enter your Product License key and answer the Captcha.
A SQL script will be generated in red at the bottom of the page.
Copy this script to Notepad.
Click here for License Update Generator
Open the BOC Phone System Settings tool.
Choose the Utilities tab -> Database Queries -> Run SQL Query
Paste the SQL Script as shown, and the click Execute SQL Query
After a few moments, the license should reflect correctly in the Phone System Settings tool in the lower right corner.