from http://stackoverflow.com/a/4088007/218046
DECLARE @SQLIMG VARCHAR(MAX),
@IMG_PATH VARBINARY(MAX),
@TIMESTAMP VARCHAR(MAX),
@ObjectToken INT
DECLARE IMGPATH CURSOR FAST_FORWARD FOR
SELECT csl_CompanyLogo from mlm_CSCompanySettingsLocalizations
OPEN IMGPATH
FETCH NEXT FROM IMGPATH INTO @IMG_PATH
WHILE @@FETCH_STATUS = 0
BEGIN
SET @TIMESTAMP = 'd:\' +
replace(replace(replace(replace(
convert(varchar,getdate(),121),'-',''),':','')
,'.',''),' ','') + '.bmp'
PRINT @TIMESTAMP
PRINT @SQLIMG
EXEC sp_OACreate 'ADODB.Stream', @ObjectToken OUTPUT
EXEC sp_OASetProperty @ObjectToken, 'Type', 1
EXEC sp_OAMethod @ObjectToken, 'Open'
EXEC sp_OAMethod @ObjectToken, 'Write', NULL, @IMG_PATH
EXEC sp_OAMethod @ObjectToken, 'SaveToFile', NULL, @TIMESTAMP, 2
EXEC sp_OAMethod @ObjectToken, 'Close'
EXEC sp_OADestroy @ObjectToken
FETCH NEXT FROM IMGPATH INTO @IMG_PATH
END
CLOSE IMGPATH
DEALLOCATE IMGPATH