Do you have the Vision software? If so, you can use the imaqWriteJPEGFile function. If not, there is no way to save your image as a JPEG file. But, you can save your images as either BMP, TIFF, or PNG with only the NI-IMAQ driver.
Here is a link to an example of how to do this in CVI:
http://zone.ni.com/devzone/explprog.nsf/6c163603265406328625682a006ed37d/8a0a83d8462c7e2586256ab00056836e
Jack Arnold
National Instruments