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Unfortunately, it looks like PhraseExpress doesn't allow you to save the data you have put into it in a format intelligible by other applications.
You'll be able to capture and extract the important data you stored inside PhraseExpress with a click of a button. So, you'll be free to use any software you like to store it.
Phrase Exporter extracts the data and saves it in CSV format. From there, you can import it in Microsoft Word, Excel or any application you want.
You can also import it into other text expansion software, like PhraseExpander (http://www.phraseexpander.com)