WORKAROUND:
Quest support portal has an option named My Profile including the My Subscription section. Activating the notification in the Quest Support portal will allow you to receive an email notification for new Toad releases.
STATUS:
This issue has been identified as a defect TSS-2600 in Toad for SQL Server, Toad for DB2, and Toad for SAP and is waiting for a fix in future releases.
