Canon VB-M700F - Manual (Page 36)

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Upgrade from an Earlier Version
When upgrading, use the installer of the new version to
install the new version on top of the earlier version without
uninstalling the earlier version. This preserves the settings
such as the added camera information and recording
schedule, and recorded data.
Note that if you uninstall the earlier version before
installing the new version, you will need to redo all of your
camera and recording settings.
Upgrade from RM-Lite to RM-64/25/9
Installing RM-64/25/9 on a computer where RM-Lite is
installed will upgrade it to RM-64/25/9. This preserves the
settings such as the added camera information and
recording schedule, and recorded data.
Important
RM-Lite cannot exist with RM-64/25/9 on the same computer.