FYI: Ron Teller from PrintSmith posted this on the EFI Forum:
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http://forums.efi.com/showthread.php?t=2475
Mac OS 10.7
Everyone, this is just a reminder that PrintSmith is currently not
compatible with Mac 10.7. They have dropped Rosetta which is required to
run the current version. We are working on a version that will be
compatible and hope to have it out by the 4th quarter.
We will let you know when it is available.
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In other words, don’t try to install 8.1.14 on a brand new Mac running OS 10.7 because the Rossetta emulation mode is no longer there. The next version required an entire re-write so things should get interesting when it finally arrives.