It might.
If you have the trial version - 5.01 would have allowed an additional 30 days (if I remember correctly - just not sure if you run 5.00 trial long enough whether it will decide you already used up those days).
If you have a paid version - do you have SDC? If not, go here
SDC and get it.
If you have a paid version but did not download/install via SDC - I suggest you uninstall 5.00, reboot, then get and install SDC, then open SDC & enter your serial (tools or bottom right hand corner) then use SDC to download and install.
If you already have SDC, you can set it to auto archive 5.00 for later restoration if you want, then use it to update to 5.01.006.
If all this effort is based on a trial version - bear in mind the trial expires and stops working = then it's time to decide whether you want the full paid version. If so, and you are also running some of the other software trials, you might to look at what's included if you get the full Object Desktop package. Compare that price to the sum of the separate prices for the software you might be considering purchasing. Here's the individual component list:
ODNT
