George Karnos
Ansys Employee

I believe this is a Madymo license error, not an ANSYS License error.
Does LS-DYNA start on it's own?
If not, under %TEMP%\.ansys you should see licedebug out files.
Check the one for ls-dyna for errors and post the error.

Usually the error: does not support this version for this feature mean that the license file's 
increment for the feature has a version limiting date on it.