Disclosed herein is a method of updating an electronic device employing a firmware/software update system. The firmware/software may be updated through use of update information retrieved from a server. The server may support conversion of data associated with an updated firmware/software. An update agent may be capable of processing the update information retrieved from the server and updating the firmware/software in the electronic device. The update agent may also be capable of invoking a converter utility to convert data associated with the firmware/software to be compatible with a newer version of the firmware/software. When the firmware/software is updated, corresponding data may also be updated in a single update event by employing an associated converter utility that may be retrieved along with the update information.