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But after looking of such an application, really gave a great opportunity to the Wordpress users. With the help of the Wordpress plugin "wp-CopyRightPro", we are able to stop exploiting of our text and image contents.
By using theis plugin, a blogger can disable the right click as well as selection of text on his blog. He can even protect himself from iframes with this and causing no problem in listing in Search Engines.
-Here is the WP-CopyRightPro Plugin.