1. Create a new file 478 x 60 pixels and make a Linear Gradient #1e1e1e to #3f3f3f
2. Then with the Custom Shape Tool and using Fixed Size we’ll make a new shape.
3. Now click over the layer and Rasterize it.
4. Then go to Filter/Distort/Twirl and put 150°.
5. You should have something like this:
6. Make a selection as shown below then right click over it and choose Feather and put 25px then hit Delete and press Ctrl+D to deselect.
7. Then change its Opacity to 5%.
8. Now we’re making a “Web 2.0 Style Badge”. Create a new shape with de Custom Shape Tool but with #58b7ee for the color.
9. Rasterize it and while pressing Ctrl, click over the thumb of the layer to select it then go to Select/Modify/Contract and put 1px.
10. Create a new layer and make a Radial Gradient: Withe to Transparent as shown below.
11. Now add some text, I used Segoe 15pt and 25pt.
12. Then add a Drop Shadow.
13. Then a Gradient Oerlay: #ebebeb to #ffffff.
14. So far you should have something like this:
15. Add more text, I used Segoe again 20pt and 25pt and I reflected it, to reflected it just duplicate the layer and Rasterize it and go to Edit/Transform/Vertical and make a selection and put it 15px as Feather and hit Delete a few times . Notice I moved the first shape to get thiner lines.
Photoshop Tutorials. Final Result.