Need to move old SEPM server to new hardware

Hi

We are in process in to move our Old SEPM server to new hardware by replication method

Old SEPM details:

OS - Windows 2003 32 Bit

Database: Embedded.

SEPM version : SEP 11 MR4 MP1a

Total Clients reporting to Manager = 600

New SEPM details:

OS - Windows 2008 R2 Service Pack -2

Microsoft SQL 2008 R2

Let us know whether we can do the replication with the said old SEP version

Thanks in advance...

Regards

Sameer