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In this flash tutorial I will show You how to create overlay text effect. You can use this effect for any text banner and for some presentation. You don't have to use action script code to make this lesson. To make this lesson, you have to use After Effects and Flash.
Open Adobe After Effects CS3 Professional.
Choose Composition > New Composition (Ctrl+N). For Composition Name type OverlayTextEffect, for Preset set Custom, for Pixel Aspect Ratio set Square Pixel, for Width set 300, for Height 200 px and for Frame Rate set 30 fps and click ok. See the picture below!
Select the Horizontal Type Tool (Ctrl+T) and type any text on the Stage. See the picture below!
Choose Window > Effects&Presets (Ctrl+5).
In the Effects&Presets Panel choose Animation Presets > Text > Lights and Optical > Overlay. See the picture below!
Using the Selection Tool (V) and drag and drop technique, move the Overlay effect from Effects&Presets panel on the text on the stage.
Go now to the Timeline and reduce the length of the film to the length of the animation.
After that, choose Composition > Trim Comp To Work Area.
Choose now File > Export > Adobe Flash (Swf).
Create a new flash document. Set the Width of Your document to 300 and Height to 200 px. Set Black color as background color and set the Frame Rate to 30 fps.
Create a new Movie Clip (Ctrl+F8) and name it OverlayTextEffect.
Call the current layer overlay text.
Choose now File > Import > Import to Stage (Ctrl+R) and Import a swf file that we just made in After Effects.
Select now the Last Keyframe and go to the AS panel (F9). Then, enter this code inside the actions panel:
Go back on the main stage (Scene 1). After that, drag the Text Movie Clip from the Flash Library on the Flash Stage using the Selection Tool (V) and drag and drop technique.
Click now on frame 1412 (as the movie length) and hit F6 key.