Well, first of all I would like to thank all of you for participating in this discussion and the help that some admins gave. The problem occurred when I used the LiberKey suit in a cybercafe where they installed Windows 7. Now, when I got to my friends house, I tried to launch FDM and the process is now under LiberKeyPortabilizer.exe. So the problem
might be with the cafe's PC since there is no Faronics DeepFreeze installed, the FDM might have already written some registry data on the host machine.
I would like to say that I'm sorry for the inconvenience caused and thank you all, again!
LiberKey ROCKS!