Connect the necessary serial cable between the controller and your PC’s COM port.
After a short delay, text should appear in the HyperTerminal window similar to the example shown here:

The Alternate Boot menu reappears, without the selected option.
The text, “continuing boot...” appears along with other typical boot messages for TCP/IP initialization.
When the boot completes (at the login prompt), there should be messages indicating that a format operation occurred.
If needed (e.g., if reformatting SRAM in a JACE-7 with SRAM option card), at this point you could remove the SRAM option card to use in another controller.