If Connectify Hotspot is displaying a “No AP Mode Supported” warning, it means that your wireless card does not support running in Access Point mode. For more details, and a list of known supported devices, please consult the articles linked below
Sometimes this issue can be resolved by simply updating your wireless drivers. You may find updated drivers via Windows Update, although many times Windows Update does not have the latest drivers and you may need to check with your PC or wireless device manufacturer to find them.
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My Computer
Computer type
PC/Desktop
OS
Microsoft Windows 7 Home Premium 64-bit 7601 Multiprocessor Free Service Pack 1
CPU
Intel(R) Core(TM) i7-3770 CPU @ 3.40GHz
Motherboard
ASUSTeK COMPUTER INC. P8H77-M
Memory
8.00 GB
Graphics Card(s)
Intel(R) HD Graphics 4000
Sound Card
On Board
Monitor(s) Displays
Dell 24"
Screen Resolution
1920 x 1080
Hard Drives
(1) INTEL SSDSC2CT180A3 ATA Device (2) ST500DM002-1BD142 ATA Device (3) WDC WD3200AAKS-75L9A0 ATA Device (4) Generic- Compact Flash USB Device (5) Generic- MS/MS-Pro USB Device (6) Generic- SD/MMC USB Device (7) Generic- SM/xD-Picture USB
You will need to install the updated WHQL version of the driver, this WHQL driver will also install the Microsoft Virtual WiFi mini port adaptor which can be used to set up a hosted wireless network.