I searched and found no matches in our forum for this util which is kind of strange. Here is quote about the util:
3DS Max LOD Exporter homepageThe exporter is made up of a number of different plug-ins. There is the export plug-in, this takes the geometry data from the scene and saves it in Falcon 4 format. In addition to the export plug-in a number of modifiers and helpers were created, these are used to emulate some of the functionality of the Falcon 4 file format so it could be exported by the exporter.
The exporter is compatible with 3D Studio Max versions 4 and 5.