You do not need to take any additional action.
Wallet can do, when updated with new firmware.
Please note that formatting a Compact Flash Cards will permanently erase an images that may be on the card. Please remove any images from the CF card before formatting. Please assure a reliable power source while updating the firmware. Once the files you have written the three files mentioned above onto a blank CompactFlash card, insert that CompactFlash card into your Photo Wallet and turn it on . LCD screen for the following details.