Cannot get Keystudio 49i to work on Windows 7 computer

I recently got a new laptop (Toshiba Satellite P755, Windows 7 64-bit SP1, Intel Core i5, 6.00GB RAM) and today I decided to install my Keystudio 49i. I've spent the past hour trying to get it to work, to no avail. I downloaded the driver update for Windows 7 64bit SP1, I downloaded the GM Module, but the Keystudio 49i itself won't download off the disc. When I click install it says my computer's operating system is not compatible with the M-Audio Keystudio 49i at this time. The drivers installed themselves fine when I connected the device. If I try and run the GM Module it says the device is not connected. Any help?
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