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Under Tools, click java platform to open Java Platform Manager, under jcre, click "Add Platform...", select the Location, Got error: Spec version is 3.0.1. Minimum supported Java card version is 3.0.2.
If you are external to Sun, I'd suggest sticking to the version of the modules on the update center, which will work with the 3.0.1 RI. If you are internal to Sun, and using a daily build of the RI, the bug is actually that the platform.properties file in the root of the RI currently lists 3.0.2 for a number of the version fields, but still lists 3.0.1 for javacard.specification.version (to test the current bits, just manually edit this file in your install of the RI). AFAIK this should be updated in the RI to fix the problem - Anki?
Now using javacard.version instead of javacard.specification.version per Anki's request Fixed in main/ changeset 0ee77ee7ca5f