file format - 3ds max 2012 v-ray 2.4 V-ray materials are included only in max file setup by linear workflow,please use v-ray frame buffer to output render image . *.exr by v-ray raw image. *. jpg and *.png by split redner channels with save RGB switch on. that will ensure what you see in v-ray frame save in you disk
Nosie animation add turn off will speed up playback.