[Elecraft] K3 Utility won't run on OSX 10.7.4 (Lion)

[William Ravenel]

I recently upgraded to the Lion OS on a MacBook and downloading the latest Mac version of the K3 Utility (K3UtilityOSX_1_12_3_28B). I unzipped the utility to my Applications folder but when I try to start the program I see an "Installing" message and then the statement,  "An exception of NilObjectException was not handled. The application must shutdown." I have no choice but to click OK, at which point the app shut downs. I am using a Prolific version of the USB to Serial cable with the latest driver and it works fine with MacLoggerDX. Has the latest K3 Utility been proven to work with Lion?

William, AI4VE