Attached Link: http://www.swissquake.ch/chumbalum-soft/

There is a way around it, but you will need another program, Milkshape3D. Model in Gmax, export as .md3 file. Import into Milkshape 3D, and export whatever format file you want that Milkshape will export to, which is quite a few :) Hope that helps some. Milkshape at the link.