Do not click anything. Just give CANCEL.

Then Open ArcGIS 10.1 Crack folder -> License Manager Pre release Version

Run the Setup Application File

Just Give Cancel

Open AG KG Folder
Run KeyGen Application

Type 10.1 in Version

Click Singleuse Tab at the Top

Version – 10.1

Click Server Tab at the Top

Version – 101

Go back to Desktop and Click All

Copy the Generated Text
Go to Program File ArcGIS

Open 10.1 Folder – bin – service

Save Changes.

If does not save there save in desktop and replace in bin folder

Open License Administrator from Start Menu

Select Version 10.1

Go to Start/Stop License Service Click Re-read License

Then Click OK

Open ArcGIS Administrator

1. Select Advanced Arcinfo Concurrent Use

2. Define a license manager type “localhost” and click OK

ENJOY! YOU ARE DONE!