The "Text Tool" is used to position and enter text into your icon. The text may be of any color or font that
you have select in the font set by method of Font command.

Once the text is in place, it will no longer behave as text, but rather as pixels. The pixels just happen to be in the
proper arrangement to appear to be text in some font; they can't be edited or moved as though a distinct object
in the icon.

Here's sample of text created by the Text Toolin various colors, fonts, sizes, and styles.

Hotkey for using this Tool is CTRL + T.