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I have a video compression software & I’m scared to use it?

I have the Hip Street mp3 video player and it came with a video converter (or compression software) and I have an issue with installing it. It says it’s for Win 98SE ONLY and that i should not install the device driver if i’m running Win ME, 2000, XP or Vista. Does this mean I can’t use it & what will happen if i try installing it?

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