Note: I am using Paint Shop Pro 9, i'm not sure if this can be converted to any other version.
Now open up PSP and go to File > Export > Image Mapper. [Example]
Now A window should popup. Click the Square tool then pull it over whatever you want image mapped. [Example]
Type in the URL of where you want the text pointed to. Once you are finished mapping everything Save it and click the little eye. [Example]
Now once the page comes up with your mapping on it, right click > view source. Paste the code onto your HTML sheet at you are all done.