Dr Zen has a short write-up here on NewBlueFX 3D Titling and Video Effects¹, with which "you can also extrude your Text to create a 3D "3 dimensional" look that has depth."
" jetdv, Date 1/21/2014:"
¹Available only in the SMS Suite.
Another option, though it may take some time to learn, would be to use a 3D modeling system such as POV-Ray or Blender to create the title sequence which you could then import into Movie Studio as 3D media.