MS12-065 is strictly related to Microsoft Works. Microsoft Works is not one of the applications that is supported by Patch Management Solution 7.1 SP1+, as it is typically not an application that is used in business environments.
Patch Management Solution 7.1 SP1+ uses a different data source than previous versions of Patch Management Solution. There are currently no plans to add support for Microsoft Works to Patch Management Solution 7.1 SP1+.