Despite what the website says, that is the latest version of Poser 11 if you have a valid SN from an SM or Rendo purchase. So if you own Poser Pro 11, Poser 11, or Poser 2014 Game Developer, you are entitled to a free upgrade to Poser 11 current version. If you own any other version, you can upgrade to P11 at a discounted price. As randym77 posted, if your version of P11 serial number doesn't activate the newer version, do contact support.