The Hot Label Component is supplied in a zip file. Before installing you need to extract all the files from the zip file, preserving the directory structure. The following files will be extracted:
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PJHotLabel.pas – component source code.
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PJHotLabel.dcr – component palette glyphs.
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ReadMe.htm – read-me file.
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ChangeLog.txt – project change log.
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MPL-2.txt – the Mozilla Public License v2.0.
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Documentation.URL – short-cut to the component's online documentation.
In addition to the above files you will find the source code of the demo project the Demo sub-directory.
You can now install the components into the Delphi IDE. To do this, the files PJHotLabel.pas and PJHotLabel.dcr should be added to a design time package. If you need help doing this see here.