Cannot even find the file name. The NAME!

I thought this might be more efficient than using Finder to search for embedded metadata. The photo below has metadata that I know for certain is exported along with the photo (Aperture 3) and is among the metadata this program claims to search.
Mac 10.7.5
folder1>folder2>PhotoFileName.jpeg

searched folder1 for IPTC metadata in PhotoFileName.jpeg: NO RESULTS
searched folder2 for IPTC metadata in PhotoFileName.jpeg: NO RESULTS
searched both folders again for the file name itself: NO RESULTS

I would have paid this programmer 99 cents to warn me that Id be wasting time trying to use it.

Seussian Physics about Photo Search