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when ever i go to load ptc creo parametric 3.0 there is a pop-up that says license failed to register along with invalid FEATURE_NAME
Seems you installed Creo 3.0 without defining License server or license file.
Reconfigure Creo 3.0 using reconfigure.exe from installation location\parametric\bin and specify server (7788@servername) or license file path
Did you manage to make this working?