Yes it does.
Sounds like it might be working for you? I went through many tests trying to get IR functionality at all. Turned out the plug was not completely seated in the card. Sooo, I had installed uninstalled, etc. drivers, programs... At this point I have the remote control icon in the systray, and separate 'restart ir' and stop ir' icons on the desktop. In device manager I do not have a HID that says Microsoft ehome infrared transceiver or Hauppauge Infrared Consumer Device, although there is one ‘compliant consumer control device’ (with a Microsoft driver).. At one point I had installed HCW CIRconfig but I don't think it is now. Only thing in add/remove programs is Hauppauge WinTV Infrared Remote. I am not using the WinTV v7 software.