What is the error you are facing? The CY3672 driver is not been revised for Windows 7.
You can work using Windows XP mode and Windows Virtual PC within Windows 7. Windows XP Mode and Windows Virtual PC, available on Windows 7 Professional and Windows 7 Ultimate, allow you to run multiple Windows environments, such as Windows XP Mode, from your Windows 7 desktop. If you do not see these, you can download Windows XP Mode with Virtual PC at:
On this page, select your edition of Windows7 and desired Language for installation.
Step 1: Download Windows XP Mode
Step 2: Download Windows Virtual PC
Step 3: Update Windows XP Mode
To start using Windows XP mode in Windows 7 after installation, Click the Start button , click All Programs, click Windows Virtual PC, and then click Windows XP Mode.
Install the CY3672_USB Software from Windows XP Mode - Windows Virtual PC. Use the software as it would work in normal Windows XP operating system. I hope this helps till the time we upgrade our software along with the driver.