While Netgear’s official site lists Version 5.0.0.x as the final update, this version was built for Windows Vista. Fortunately, the are generally compatible with Windows 7. Official Source: Netgear Support - WG311v3
Do not run the .exe installer directly, as it often fails or hangs on Windows 7. Instead, use the method: Netgear Wireless Card Wg311V3 Driver Windows 7
Right-click the device and select Update Driver Software . While Netgear’s official site lists Version 5
The WG311v3 is notoriously difficult on Windows 7 64-bit. If the Vista driver fails, you may need to look for the generic Marvell 88w8335 driver. Netgear Wireless Card Wg311V3 Driver Windows 7
Windows should identify it as the "Netgear WG311v3" and complete the installation. Step 3: Troubleshooting Connection Issues
Choose "Browse my computer for driver software."