Imageline VSTs don't show preset names after reload

Does anyone use Imageline VSTs in Cubase 7.5 and noticed that once you select an instrument’s preset, when you reopen the project file and go back to the VST’s user interface you no longer see the selected preset - it just shows “select preset”. The preset remains selected you just have no idea which preset it is.

I use Sytrus and Maximus and noticed this in both VSTs. It’s a real pain.