The master reset is very simple on the EVO-ALL, but be warned that a reset will also reset all the options back to default. So if you have any special options enabled (such as the all famous D1 and C1 for 3x lock start), or if the vehicle programming requires the use of the DCryptor, make sure that you have access to the Flash-Link Manager!
So here it is...
Hold down programming button while plugging in datalink connector.
Let go of button when LED is RED.
Push and hold button again until all three LEDs start to alternate.
Disconnect unit, she is now reset.