We had recently purchased a floating license. I have set everything up on the server side according to the instructions, and when running "lmgrd -c license.lic" it runs without any errors.
However, after setting things up as per the instructions on the client side, every time I open the program, it thinks I have an unregistered product and keeps asking me for a key.
I have copied the .lic file to the installation directory and it still asks me for a key.
Thanks a bunch for the posts. Turns out it was the windows firewall blocking the ports.
Always seems to be the brain-dead solutions haha.