Unfortunately I do not seeany way to accomplish this using just one Status Strip control.
Status Strip replaces and extends the Status Bar control of previous versions, Status Bar is retained for both backward compatibility and future use if you choose it.
included in Visual Studio 2005 can almost cut it but it does not have the capability to overlay text onto the bar.
In this tutorial I walk you through creating a simple progress bar with text by inheriting from the properties at design time in Visual Studio's properties window or at runtime in your code.
You can display more than one piece of information on a status bar, as shown here: Each of the sunken areas on the status bar is called a panel, and you can add as many panels as you want to the Status Strip by adding the more Strip Status Label.
If you play around with the property of the Strip Status Label and other controls you can generate a very nice and informative status bar that include launching dialog box, buttons, image and URL, normally found in the commercial applications.
The following figures show a very simple creativity.