You jump right in, but even in your last blog, you don't mention what program this is.
Using a magnifying glass, is it gpedit.msc?
If so, I don't have a "Create New Rule..." option under Actions.
I'm sorry - when the posts were split into two (an intro and a step-by-step walkthrough), the information about where to perform those steps was lost. You are right - it is in Local Group Policy Editor, which can be run by starting gpedit.msc from the command prompt. You then navigate to Computer Configuration -> Windows Settings -> Security Settings -> Application Control Policies in that window, and follow the instructions from there.
gentlemen, it would be ganerally a good idea to give the names of the mentioned files. If Robert says "The License Assessment Tool(LAT)" it would be better to say (lat.exe) or (lic_tool.exe) or whatever it is.