Right-click on the edition you purchased and select Activate to open the Activation Wizard. Select the Local Licenses tab and then scroll down and select Multisim (in case you have more than one version, find the one you wish to activate). Search Windows for and open NI License Manager.
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NI Multisim & Ultiboard 11 full rapidshare & free from netload. NI Multisim & Ultiboard 11 torrent & megaupload. Even this hasn't been 100% in working for our students. This requires the Computer ID from NI License Manager as well. NI has suggested doing the "web based activation", put in your serial number and get an activation code back.