It looks like they have changed their user interface since Pavel's instructions were posted. Here are the instructions I wrote up for my team. They replace steps 4-8 in Pavel's post.
To profile an ASP.NET application using EQATEC, just select the application’s bin folder in the App Path setting:
Then, click the Build button at the bottom of the form:
Then, load JobTraQ and go to the page you want to profile. Go to the Run tab and click the Reset Counters button:
Then, do the action that you want to profile. When it’s done, click the Take Snapshot button:
When that is done, a snapshot report will appear in the bottom list. You can double-click on it to view it: