PES Files

Will X4 export to the PES format? I saw on the Corel site that the X3 pro suite was supposed to PES format natively, but I can't find any such format in the X4 suite. I'm not certain I want to pay $2k for the "professional" embroidery product Corel has (!), and the reviews on the separate software that does PES conversions (I think it's called "DRAWings" or some such) aren't all that good.

So.... Anyone know if DRAW can do PES, or if there's a converter out there?

Thanks!

Russ