SBP 5.0 export bitmap as .PSD exports a psd that cannot be opened by photoshop 2014

In SBP 5.0, if i export a bitmap as .psd or project with bitmap set to .psd, the exported file(s) are unreadable by adobe photoshop 2014. Is anyone else having this issue? Is this a SBP bug?

One thing to note is that Storyboard 5 was released on 1/18/16, two years after your version of Photoshop. Photoshop is at version 2015 and as of 1/20/16 an update was released bringing Photoshop up to version 2015.1.2. The 2014 version of Photoshop is probably under-equipped to handle current Photoshop files.