Installation of this package appears to work properly. The latest version of this software v4.11 is distributed as an MSI. It's necessary to install the Windows Installer package before attempting to install this. You have to manually run the wine executable like this:
/path/to/binary/wine msiexec /i PXM411.MSI
After installation, when the program is executed, this error is given in a popup.
"Proxy Master failed during initialization. If you've just installed, please reboot to complete the installation. If this message persists, please repair or reinstall the application."
I can't find a way around this.