license error for project properties

When i try to do a properties of a project in momentics version 4.0.1, i get the error as shown in the attachment.
Now i cannot seem to make use of the features of the momentics suite, such as the application profiler for instance.
The development suite already has the product license activated.
I did not used to get this error before, and now i seem to be getting this.
Any ideas?

You probably had an eval license or otherwise time-limited license that has expired.