Live Bezier Edit and Text Flow: Live interactive control of text flowing along a Bezier curve. This all works with normal text and curved or annotated text. Use system dictionaries, accepted words are saved with the drawing. You can also insert WordArt multiple times to wrap text around shapes with straight edges.
If you want the text to circle the shape, you can also do this, but it’s a little bit more work. You can use WordArt with a Transform text effect to partially curve or bend text around a shape.
