Microsoft has updated the 32-bit management tools for Exchange Server 2007
Exchange Server 2007 is a native 64-bit application that includes 64-bit management tools. You can use the management tools to administer your Exchange Server environment remotely. If the remote computer is running a 32-bit operating system, you will need to download the 32-bit management tools.Exchange Server 2007 - Management Tools (32-Bit)
The Exchange management tools include the Exchange Management Console, the Exchange Management Shell, the Exchange Help file, the Microsoft Exchange Best Practices Analyzer Tool, and the Exchange Troubleshooting Assistant Tool.
The new Exchange Management Console (formerly named Exchange System Manager) provides Exchange administrators with a graphical user interface (GUI) to manage the configuration of Microsoft Exchange Server 2007 organizations. For more information about the improvements to the Exchange Management Console, see New Administration Functionality in the Exchange Management Console.
The Exchange Management Shell is a new Exchange-specific command-line interface based on Microsoft Windows PowerShell, formerly codenamed “Monad”. You can use the Exchange Management Shell to run a single command or a series of multiple commands for managing your Exchange Server 2007 servers and objects. For more information about the Exchange Management Shell, see Using the Exchange Management Shell.