Hello,
I agree with Brian.
11 > 12.1 is a different kind of installation than 11.x > 11.x+1 was.
It's a side-by-side, replace on reboot model, instead. You will not get the 12.1 client protection until the reboot is completed, even if it is just only antivirus protection.
SEP 12.1 uses the MSI (Microsoft Windows Installation Service) to copy the install files into a staging directory, and to create a handler service to manage the remainder of the installation. Once this new installer service is configured and started, the MSI "Installation" has completed successfully and will close.
When the installation service executes, it completes the installation of the SEP 12.1 files, folders, drivers and registry entries. However, this installation service is designed to avoid forcing a reboot, and as such will not replace the drivers and services associated with the SEP 11 client. Instead, the SEP 11 and SEP 12.1 clients will effectively be installed side-by-side, pending a reboot.
During the reboot, the installation service will complete the removal of the SEP 11 client and start the SEP 12.1 client.
Consequently, the installation of the SEP 12.1 client will not take effect until after the computer is rebooted.
Reference:
http://www.symantec.com/docs/TECH163086
Hope that helps!!