Pre8 will not open or create project

This is the first time I have use Premiere Elements 8 since I upgraded my OS, and now when I try to create a new projecte it tells me "Projects created with Adobe Premiere Pro and Adobe Premiere Elements are not compatible. Please use the appropriate application to open this project."
I am using a Dell Inspiron 530, with an Intel core2 quad CPU, Q6600 @ 2.40GHz. It came loaded with Vista 64bit, but I recently did a clean install of Windows 7 Professional, and reloaded all of my software. I downloaded and installed (I thought) pre 8.0.1, but it does not show that it is upgraded when I go to the "about" tab under Help.
I am at a loss. Any help would be greatly appreciated!
Thanks,
Tim

Well, I uninstalled and reinstalled the program and...
... it worked! I don't know why, but it is working now, so I can proceed with my project. Thanks to Neale and Hunt for the suggestions. I'm sure I'll be back with more questions as the arise.
Thanks again!
Tim

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