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The only issue with this is it takes what is scanned, converts it to an image and then saves that image in a PDF.

I'm probably being pedantic here, but just to be clear: All scanners can ever do is make images. It was always an image, so it was never "converted to an image".

The thing you're asking to do is, as you already know, OCR. Which is pre-built into many scanner software packages already. You said this was a new scanner/printer, so I'm surprised it's not already doing that for you. I'd look more carefully at the documentation and the bundled software that came with the printer. It's probably just a question of installing the right disc, clicking on the right icon, or setting the right configuration check box.