It is possible to trigger Live-Buttons via midi notes. Since this product is a midi device, it should be able to trigger Live-Buttons via its midi flash buttons. But Live does not presently consider the midi sliders (this is in the TODO list).
We do not use profiles. We use the "learn" function ; like this the software is compatible with any existing midi device, without any required midi device profile. Please read this: viewtopic.php?f=3&t=1499