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Normally I would just ignore the error and keep on working.
The new plug-in and update requires Adobe Illustrator CS3 and In Design CS3 software. Extensis will be releasing additional free plug-ins for other products in its font management family for both Illustrator CS3 and In Design CS3 software in the near future. Extensis is a software developer that allows creative workgroups and professionals to streamline their workflow and secure their brand by efficiently and effectively managing their creative assets and fonts.
Extensis’ award-winning client/server and desktop products are used by hundreds of Fortune 5000 companies and include Suitcase, Suitcase Fusion, and Font Reserve for font management and Portfolio for creative assets management.
Did not stop my workflow so was not important to resolve the issue.
Now that we upgraded to Indesign CS5 this issue is still there, only more prominent due to additional plugins we used in Indesign CS3.
Extensis uses this cross-platform technology in its own font management applications to ensure that an application can activate the exact version of a font.