Your Acrobat Pro key should work for Presenter 7.0.7. Did you uninstall 7.0.6, or older, prior to installing 7.0.7?
Yes, I did uninstall Presenter first. I have notice that others have had similar problems with the Extended package.
Did you have Acrobat Pro 9 Extended and get your key to work?
I do, but with the elearning Suite, so it is the key for that, and I have keys just for Presenter. I would reccomend calling Adobe, you can try support at 800-945-9120, and see if they can help.
the way to upgrade and license Presenter which is installed as part of ELearning Suite or Acrobat 9 Pro Extended is to:
- uninstall Presenter 7.0.6
- install Presenter 7.0.7 in trial mode
- rerun the suite installer and select Presenter
See this article as well: http://kb2.adobe.com/cps/912/cpsid_91200.html