Does anyone have any idea how can i batch-create 3d texts and export them to fbx using blender? It could be read from a file or directly from the script. I have around 200 words that needs to be turned in to models.

You could use the $$m-Exporter from ventilator, but it works only with blender up to version 2.49. It exports all (selected?) objects as seperate models of a level.

@Achim:
Yes, only selected Objects

Blender 2.49 FX exporter can export the whole scene or only selected objects.
One way can be to select all your object (key A in object mode) then menu : Object -> Join
this way all your text will be one object only to export to FBX.

If your question is how to transform Text to 3D, perhaps it is some Plugins for Blender or other methods ? (try google, ask on forums) ?

there is a text tool in 2.62, i just want to learn how can i automate the process.