how do I save transparent png from photopaint x4?

I have a cpt image that has a single object with transparency applied as a gradient from 100 to 0 via the interactive transparency tool. I would like to export this as a transparent png for web use. However, photopaint x4 doesn't seem to allow me to do this - I get a message that object(s) will be merged, and then no option to maintain the transparency.

My workaround is to save it as a psd from photopaint, open in photoshop, and then use photoshop's export for the web. But there must be a direct way to do it in x4, right?

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