Open PhotoImpact 12. Under the Selection menu, make sure Preserve Base Image option is selected.
Open an image of your choice. One with good color contrast will give the best results.
Select the Text tool from the tool bar. A thick font will produce better results than a thin one. Set the font to a large size, color - whatever you like, and set the Mode to Selection.
Type your text anywhere on the image. It will appear as an outline on the image.
Select the Transform Tool on the left tool bar. This will cause the text to change to selection lines. Select the Action on Selection tool and drag your text to the desired position. Move it around until you are happy with the way it looks.
The text on the image below was positioined so the sky would be in the top part of the text and the trees in the bottom part.
While the text is still selected, right-click your mouse and select Convert to Object. Use the pick tool to drag your text anywhere within your image or even drag it off the workspace into a new window.