Thank you for writing.
I can suggest inheriting RadLabel
and override its Paint method. A sample implementation is suggested here: http://www.codeproject.com/Articles/11357/Drop-Shadow-Label
I hope this helps. Should you have further questions please do not hesitate to write back.
Telerik by Progress
Check out the Windows Forms project converter, which aids the conversion process from standard Windows Forms applications written in C# or VB to Telerik UI for WinForms.For more information check out this blog post
and share your thoughts.