Newbie question should be easy for you!

Hey everyone,

I'm running into a simple problem and need some help. I am creating a caption box just like the ones seen on Pop Up Video. I added scaling effects to it as well. My problem is that I can't seem to export it without the white background composition box surrounding it. Is there any way to make it transparent? I have the transparent grid on in my composition window. I am bringing importing it into FCP. All I need is the dialogue bubble. Any help would be much appreciated.
 
Are you rendering your file as Millions+ (millions of colors plus alpha channel)?
 
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