There are several possible ways.
However, as UFT is neither being supported by it's developer nor undergoing any further development, RUG does not recommend transferring to UFT at this time. See UFT FAQ #1
Open TMG and use the Import function, which will accept either the project (*.PRO) or a backup (*.SQZ). As recommended for all migrations, make a few trials, checking the options you have chosen to see if they give the results you desire, before making a final conversion.
Last updated 25 March 2008