My VMS can't open the veg files. The VMS files are .vf format.
I did figure out how to create the effect on my own. I used a text media generator and added the light ray effect that panned behind the text. I had to tweak the light ray effect a little to get it to work good enough. It's not the best, but it looks ok.

Thanks for the veggie. Once I graduate to Vegas, I'll use it.