Correct. Each key can be programmed to output a number of different CC messages, but not program changes. Currently the only program change functionality is you can set it to output a program change when switching to a preset. So for example, if you set up preset B to output program change 12 it would output a program change messages with a value of 12 every time you switched to preset B.
2, 3, 5, 13, 89, 233, 1597, 28657, 514229, 433494437, 2971215073