To update xlCompare with new version you need to go the to xlCompare website www.xlCompare.com
and download the new version.
Save this setup on your PC, run it ("as Administrator" - in Windows Vista and Windows 7) and follow the instructions.
Setup overwrites previous version of the xlCompare on your PC with the new one.
Note: New version of the xlCompare should not be re-registered. It uses
registration information from the previously installed version.