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Installing CREO 3.0 on a computer that has CREO 2.0

Please confirm the proper procedure for installing Creo 3.0 on a team computer that already has 2.0 installed and running, we wanted to keep both available and downloaded the CREO 3.0 files, everything seemed to load OK , then we opened CREO 3.0 , it booted until it got to the license and said neother license was valid, we also have MathCAD on thsi computer so there are 2 license file nunbes coming up. CREO 2.0 still runs OK, do we need another license from PTC specifically for CREO 3.0 ? or do we need to remove the old license files and then get a new one to cover all 3 programs ?

Thank you


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