Changing fonts to True type fonts

Total newbie here…downloaded the free trial, looks pretty cool. I was trying to convert a font file to True Type Font file. The old types do not work in Win XP or 2000! The only thing I can do is look at them in the font viewer, but when I install them, no program (word, photoshop) picks them up. Is there a way to use this program to convert it? Or must I input them from almost-scratch?

Thanks!
Keneke

Font Creator supports only Truetype fonts.