Got problems in beginning, but fixed and working flawlessly.

Here is my code if anyone wants to use.

<?php
header ("Content-type: image/png");
$string = "YOUR TEXT"; //YOUR TEXT eg: Hi Mom :)
$imageO = "IMAGE.png"; //YOUR IMAGE AND LOCATION eg: images/myimage.png
$imageN = "IMAGE2.png"; //YOUR NEW IMAGE eg: mynewimage.png

//PLEASE NOTE IF YOU HAVE TROUBLE MAKE SURE YOUR OUTPUT IMAGE IS NOT IN A SEPARATE FOLDER, IT WILL OUTPUT TO THE FOLDER OF THE .php FILE

$font = 4; //YOUR FONT SIZE

$width = imagefontwidth($font) * strlen($string) ;
$height = imagefontheight($font) ;
$im = imagecreatefrompng($imageO);

$x = imagesx($im) / 2; //PLACEMENT CENTERISH – X
$y = imagesy($im) / 2; //PLACEMENT CENTERISH – Y

$backgroundColor = imagecolorallocate ($im, 255, 255, 255);
$textColor = imagecolorallocate ($im, 0, 0,0);
imagestring ($im, $font, $x, $y, $string, $textColor);
imagepng($im,$imageN);
$w = imagesx($im);
$h = imagesy($im);
//PRINT IMAGE ON SCREEN
echo "”;
echo “M.R. Inc – 2012“;
?>

Regards
Mitchell