Thanks for the help so far.
I'm trying this out with Matlab 2011a. I don't see any either license.dat or license.lic in my C:\Program Files\MATLAB\R2011a\bin\win32 directory.
I do see a C:\Program Files\MATLAB\R2011a\licenses directory, in which i have two trial licenses.
I've got standalone licenses for matlab, simulink, matlab coder, simulink coder. I have access to a bunch of other licences managed by FlexLM. I'm trying to figure out how to create a license.dat for my standalone licenses, and a license.lic for the floating licenses.
Any help is appreciated.