You will need the parallel port dongle to make it work. It is a very crude (and somewhat outdated) method of preventing software theft. You can copy the program as many times as you like but it wont work unless the dongle is plugged in.
Depending on how technical you are there are a number of articles on the net regarding hacking the program code to remove the need for the hardware key. I am probably crossing a line here but try searching under "woodman","sentinel", or "hasp". It can be a long and tedious process and in this case hardly worth it to check out a few parameters and adjust 1 setting.
Easiest way is to probably cough up the extortionate amount of bucks and get the latest version and lead.
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