Can anyone advise; I wish to include a stand alone flash player (i.e. one that
does not need any installation by the user) on a cd-rom that my company
produces.

Our help demo is written in Captivate and therefore requires a flash player to
be viewed, however, we cannot assume all our users will have flash and don't
want to force them to install additional software. The requirement would
therefor be for users to be able to insert the disc, select demo from a menu
and it to launch the flash demo. There is over 500Mb of unused space on the
disc so would hope space wouldn't be an issue.

Am I able to get a stand alone player on the disc and would the above
circumstances qualify for the free license I have read about.

Regards.

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That is not allowed. Make a projector exe instead (which is allowed)

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You don't need a licence for projector exe .. but redistributing the
standalone player (which even Adboe doesn't uisually make available except
with purchase of Flash itself) would take some negotiation with Adobe. Its
really not worth the effort usually.
--
Jeckyl