You may find that Articulate Replay locks up or crashes when you launch it. In some cases, you may not even see the activation screen.
This issue was corrected in Update 1 for Replay. To take advantage of the new features and fixes, download and install the latest version from the link in your product confirmation email, or get it here. Then reboot your computer and test it again.
If Replay still won't launch after installing the latest version, please let us know.