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Log,
I had troubles getting the firmware to install because Reader for PC is still sluggish. But essentially once Reader for PC is up and running and sees your reader you can go to Edit->Check for Updates and it will pull down the firmware upgrade for it. Let it download and close Reader for PC (which is what hung it up the time I was trying to install). Make sure your reader is attached because on the readers screen once it starts flashing it will have a Updating meter and will restart the reader. Boom you are flashed to the newer firmware.
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