The site says:
" Webcam Simulator simulates a virtual software webcam in your PC and allows you to use it as a real webcam. Without even having a physical webcam, you can play pre-recorded video, in your favorite IM or video chat software. It can even broadcast one single to all the messengers at the same time".
It enables you to:
Play pre-recorded videos without even having a physical webcam.
Shared your video clips with family and firends through your instant messengers.
They have some more products also such screen recorder and video converter.
I am not a technically savvy person. If you are, then you can try these.