My Utilities menu carried forward from X3e to Platinum (is it possible you were running 64-bit X3e and 32-bit Platinum is installed?), but here are the entries for my Adobe Audition (64-bit Platinum):
May need to add the "Audition" key if missing...
HKEY_LOCAL_MACHINE\SOFTWARE\Cakewalk Music Software\Tools Menu\Audition
Inside that, the entries are:
[HKEY_LOCAL_MACHINE\SOFTWARE\Cakewalk Music Software\Tools Menu\Audition]"ExePath"="C:\\Program Files (x86)\\Adobe\\Adobe Audition CS5.5\\Adobe Audition.exe""MenuText"="&Audition""StatusBarText"="Run Audition""Type"="WaveEditor" Be sure the ExePath above points to YOUR Audition file. You can actually copy the bold-faced text above into NotePad, save it, then rename it with a ".reg" extension. Double clicking that file will then ask if you want to enter that key to your registry. Again, verify the ExePath prior.
Edit: If using the NotePad method, keep the \\ for directory structure... if adding the registry values manually, it only uses a single \
Edit 2: SONAR will need to be exited and restarted for the entry to show up in the Utilities menu.