Yes, the software will convert the files you have to another one that can be imported into Photoshop. Based on its description, you can use it to convert from DWG, DGN, SKP and DXF files to VDML, VDCL and also to PDF,HP-GL ,SVG and .DWF. Additionally, it also allows you to export to BMP, TIFF, GIF, JPG, SVG , and PNG.
For additional information, access the following URL: http://www.vdraw.com/products/vectordraw-file-converter-4/