I have TFS 2012 installed on a server and I want to verify that Update 1 has been installed or not. I am trying to install the TFS Power Tools for Update 1 but ran into an issue running the backup wizard in the admin console. I am suspicious that the problem is because I do not have Update 1 installed on TFS but want to make sure before I go through the lengthy process.
To verify that your TFS 2012 has been updated, start your TFS Administrator Console. Then select Application Tier and then Installed Updates.
Here's an example: