Select a TrueType font and convert text strings to a 3D outline which can be extruded with thickness.

Select a TrueType font and convert text strings to a 3D stencil which can be extruded with thickness.

Select a TrueType font and convert text strings to resemble 3D text embossed on a surface by combining the first two examples in a single extrusion.

A close-up view of the embossed text.

Create UV coordinates using planar mapping and apply a wood texture.

A close-up view of the embossed and textured text.

An unlimited number of bevels can be added to the extrusion.  The outline was created by AccuTrans 3D from the letter I and the TrueType font called Wingdings by Microsoft Corporation.  The extruded object has a red line which indicates the location of the original outline.