HeroEngine FAQ's
Standard formats for Hero Granny Models (HGM) format has a few guidelines to follow as most engines do for their format. Using the 3DS Max or Maya plugins do most of the work for you. All models must be exported as HGM's. Model textures must be DDS, and for GUI you can use DDS or PNG.
Information about the Hero Export Guide
Information about Hero Textures and DDS format