Jello wrote:

I thought this was a joke. But... the web page matches the video.

Yes, the company is real, but that's just part of the joke. The meme is several decades old now, in a couple of variations.

A few pointers:

The Turbo-Encabulator in Industry

General Electric HBK-8359 Turboencabulator, from the 1960's

Snopes forum on the retro encabulator

Some PR blog entry, from last year

RE: Retro Encabulator