Yes. In addition to complex Exchange/Office migrations, this tool can backup up Exchange/Office 365 mailboxes. To export the Exchange Server 2010 to PST file, you need to create a Backup Project and then create and run a Backup Job.
However, if your primary goal is Exchange backup or EDB recovery (and not complex Exchange/Office 365 migrations), then you can use a much simpler tool
Kernel for Exchange Server.
And if your only goal is Exchange/Office 365 backup & PST import (and not recovery or migration), then you can use a specialized tool,
Kernel Exchange Backup & Restore.