its an external soundcard with spdif out (or at least thats what i get from the description) so it looks like it would work. i would use an internal soundcard if you have room but an external works (it just hangs off the back of your pc...).
read the reviews to make sure its not a junk one (though all it needs to do is outpor spdif either optical or coax so shouldnt matter a huge deal)