Hello, Thank you for contact National Instruments. Here are some links to documents on our website that should be very helpful for you in understanding your encoder and application. One of these links is even an example program for LabVIEW that you may be able to modify to do exactly what you need.
http://zone.ni.com/devzone/conceptd.nsf/webmain/665470207873076386256B35007957A2?opendocument http://zone.ni.com/devzone/conceptd.nsf/webmain/4BAEC2BEE4C02FAD86256802007B8B5C?opendocument http://sine.ni.com/apps/we/niepd_web_display.display_epd4?p_guid=B45EACE3E5BD56A4E034080020E74861&p_node=DZ52326&p_source=External Regards, Bill B. Applications Engineer National Instruments