jpgText can convert your scanned images to text files or word documents, help you convert pictures to text using OCR techonolgy. Tool features the ability to analyze an entire file which output results to plain text or RTF (MS Word) formats and more.
JpgText uses the file formats TIFF(.tif) & JPG that is designed to store images by page layout. In jpgText, you can open and save files in the jpg format as well as the TIFF format. Both formats are capable of storing text recognized by optical character recognition (OCR) along with images.

Limitations:
* you can only get the unformatted text
* you can only convert the text in the image

The license of this software is Free Trial Software, the price is $14.95, you can free download and get a free trial.