If you’re looking for a FREE alternate to Microsoft Office, give OpenOffice a try. They’ve just come out with version 4.0 under the ownership of Apache software. It’s got a Word Processor, Spread Sheet, Database, Drawing program, and a Formula program. So if you need Label Software, you don’t need to open your wallet, use Open Office Word Processor to create you label templates.
Just download it, and poke around. You’ll be glad you did.