531642 Graphic design - combine .jpg and .psd files

I need a .jpg photo inserted into a .psd graphic. I have a photo of my product (a .jpg file), and would like it inserted into a .psd graphic. I have attached the .psd graphic and .jpg photo. I will need you to do two things: (1) Remove the background from the .jpg photo, so only the product is shown. (2) Insert the .jpg into the .psd The end result should look like the graphic on this page: [login to view URL] (to see the graphic I'm talking about, scroll down that web page until you see the text "Please Select Either the Download Version or the Physical Version") I need this done for two products, so you will need to do this procedure twice.