Steps to Initialize USB eToken:

Open Start Run type Regedit and click OK.

Open Registry Key: HKEY_LOCAL_MACHINE\SOFTWARE\Aladdin\eToken\eTProperties

Modify Advanced entry in the RHS panel to value 31 (Decimal)

Now run the e-Token Properties application from Start Programs eToken menu to open eToken
management console.

e-Token console now will have Initialize option visible.

Click on the Initialize button and the click on Parameters button in the dialog opened.

Select Passwords tab and type and reconfirm the correct password and click OK.

Now Click on Start to re-initialize (Format) e-Token.