Audition won't apply/render VST effect

Hello, running into a problem where Audition will playback an effect, but won't render it when I attempt to export it. I'm using a VST plug-in called Timefreezer. I can apply the effect and preview it perfectly fine, but I when I attempt to render the file out, I only get the original file with no effects. This happens in both a multitrack sesssion where I attempt a mixdown and a single waveform file, even after I apply the effects rack.

Any ideas?

Thanks!