Will this work on my Axim x51v

they have a free trial version on the site, but I am not that good to figure out what is needed to get it to work
http://www.gpslaptiming.com/page.php?id=7&lang=eng
GPS Lap Timing is an innovative personal timing system, completely autonomous, with which you will get your lap times without the dependency on sensors in the track. All you need is a mobile phone, a GPS receiver, and the GPS Lap Timing software.
GPS Lap Timing provides autonomous timing in motor and speed based sports. Requirements are reduced to a mobile phone equipped with bluetooth, and a small GPS receiver. Thanks to the GPS satellites system, with GPS Lap Timing you will be able to time your laps in any circuit, and will no longer depend on the installation equipment where you practice your activity, saving additional costs of using track's timing system.
GPS Lap Timing has been designed to be easy to use and, at the same time, offers a complete set of functionality in order to satisfy the most exigent users. With very few efforts you will get a representation of the track where later will be able to use as many times as you want. Simply press the record button and drive with your vehicle through the track. When you complete a lap, your track will be saved and the system will be ready to get lap times. Furthermore, you will be able to add intermediate points and even a speed trap to your track!!!
Once track has been created and saved, initiating a session will be enough to automatically start collecting your lap times whenever you pass through the finish line. The system will show you visual information in real time about your lap time and the references in the intermediate points as you pass across them. With GPS Lap Timing you will be informed in real time about your progression along each lap, and even get partial timing. You will also get online information about your current speed, and when you pass across a speed trap the system will save the speed register on that point. At the end of the session, GPS Lap Timing will offer you detailed information about all your lap times, top speeds, best partial times and even your ideal lap time. You will be able to save all this data in a history database.
GPS Lap Timing will let you see all your results, a full set of statistics and will also show you the lap time records for each track saved on the system.
specs
http://www.gpslaptiming.com/page.php?id=49&lang=eng
Mobile phone with Java support
* Required:
o MIDP 2.0 (JSR 118)
o CLDC 1.1 (JSR 139)
o Bluetooth API (JSR 82)
* Recommended:
o Scalable 2D Vector Graphics API (JSR 226)
GPS receiver
* Required:
o Bluetooth connectivity
o NMEA protocol
* Recommended:
o 20 channels
o SIRFstarIII chipset