Is it possible to import my characters from Project1999 into my server
 

Sorry guys, just powered up my first server and would like to import the characters from that server, maybe using the files locally? or is this not possible?

The character data is stored server side - that is they are in P99 DB.
You may want to go over to P99 forums and ask admins there if they will be willing to give you the data. (which is unlikely)
HOWEVER, data of P99 format may not even be compatible with generic PEQ DB. I am 99% sure it won't be, without some altering.

What you can do instead is simply use your Gm powers on your own server and create what ever chars you want and just give them items.