Before upgrading, please read the article Live Pen™2/Professional firmware 1.x and 2.x compatibility
When upgrading a Live Pen™ 2 Professional to the latest firmware, penDirector 2.10.0 or later can be used since it contains the penUpgrader functionality. For details about how to upgrade a pen with penDirector 2.x, see the penDirector 2.x user’s guide. To upgrade the pen a .bin-file is needed.
Paper Template Descriptions (i.e. a description of which pattern range may be used with which firmware release) can be found here.