If the HPX170 is like the HVX200, it uses something called thin-raster whereby it records 720p not at 1280x720 but rather at 960x720. So the recorded pixels are not square, they have an aspect ratio of 1.33:1 (incidentally 4:3). Try setting the Pixel Aspect ratio in Clip Attributes to 1.33. Might do the trick.
this.
step by step:
import your clips from the card
- select them all
- right click, clip attributes
- change the pixel aspect ratio to 1,33
- in the audio tab, you can delete all the tracks except one, and make it stereo with embedded channel 1 and 2
- then you can make a timeline (ctrl+N)
- don't use project settings for the timeline
- make it 1280x720 59,94fps
- drop all your clips in
- get to the export tab
- select render individual clips
- in the "file" tab, name your files and don't forget to tick "use unique filenames"
- for the codec, you can choose quicktime, dnxhd, 720p 220/185/110/90 8bits
if you want to bulk rename the files afterwards, a nice little software on pc called and renamer is good for that