Can you activate Home Premium with Professional code?

dvuevo

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So I'm really confused on this and have searched around but still have yet to find anything.

I am in the process of completing my first PC build (yay) and want to install Windows 7 Professional on it. The thing is, I already have Win7 Professional on my laptop, and I planned to transfer the license from the laptop to the desktop. The problem is, I cannot find my professional installation CD ANYWHERE. I looked all around and it just...isn't there. Both my dad and brother even said they never remembered seeing a professional CD anywhere (but I'm sure I had it...). Anyway, what I did find was a Windows 7 Home Premium UPGRADE CD.

So can I just use that home premium upgrade CD on the new PC, and then use the professional activation key? I'm a bit confused because I read that upgrade CDs must be used on vista/xp systems, but since my build is completely fresh, theres nothing on it.

Any help is greatly appreciated!
 

My Computer My Computer

OS
Windows 7 Professional 64bit

My Computer My Computer

Computer Manufacturer/Model Number
Self
OS
Main - Windows 7 Pro SP1 64-Bit; 2nd - Windows Server 2008 R2
CPU
Main - Core i7 2600K; 2nd - Core i7 920
Motherboard
Main - Asus P8Z68-V Pro/Gen3; 2nd - Gigabyte GA-EX58-UDR3
Memory
Main - 16GB Corsair Vengeance; 2nd - 12GB Corsair Vengeance
Graphics Card(s)
Main - XFX Radeon 6870 1GB; 2nd - XFX Radeon 4870 1GB
Sound Card
Both: Onboard Realtek Azalia
Monitor(s) Displays
Main - Hann 25" + I-INC 25" + Acer 23"; 2nd - Upgrading Soon
Screen Resolution
Main - 1920x1080 (All Three Monitors); 2nd - Upgrading Soon
Hard Drives
Main - (1) Crucial M4 128GB (Boot)
Main - (1) Seagate 2TB 64MB Cache (Data)
Main - (1) Seagate 2TB 64MB Cache (Data Backup)
2nd - (1) Intel X25-M SSD 80GB (Boot)
2nd - (3) Seagate 1TB 32MB Cache (Data Backup)
2nd - (1) Seagate 320GB (Because)
PSU
Main - OCZ 600W Modular; 2nd - OCZ 600W
Case
Main - Thermaltake Element G; 2nd - NZXT something or other
Cooling
Main - Corsair H80; 2nd - Prolimatech Megahalems
Keyboard
Main - Razer Reclusa; 2nd - Old MS Keyboard
Mouse
Main - Logitech MX Revolution; 2nd - Old MS Mouse
Internet Speed
20Mbps Time-Warner Cable
dvuevo,
I already have Windows 7 Professional on my laptop, and I planned to transfer the license from the laptop to the desktop.

One machine = 1 license.

1 license = 1 machine.

You will need two licenses.
 

My Computer My Computer

Computer Manufacturer/Model Number
Toshiba Satellite S875D-S7239 laptop
OS
MS Windows 7 Ultimate SP1 64-bit
CPU
AMD A10-4600M
Motherboard
AMD Pumori (Socket FT1)
Memory
6.00 GB Dual-Channel DDR3 @ 798MHz (11-11-12-28)
Graphics Card(s)
AMD Radeon HD 7660G
Sound Card
High Definition Audio Device
Monitor(s) Displays
Generic PnP Monitor (1600x900@60Hz)
Screen Resolution
1600x900@60Hz
Hard Drives
SSD 119GB Corsair CSSD-V128GB2 ATA Device
Keyboard
Standard PS/2 Keyboard
Mouse
HP Wireless Optical Mobile Mouse Model FHA-3410
Internet Speed
What the local pub, local coffee shop offers.
Other Info
Optical Drive:MATSHITA BD-CMB UJ160B ATA Device


Also have an Asus ha1002xp netbook with Win 7 Ultimate installed.
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