If you are interested in this, then Lucas Bebber's Glitch is a very similar and super cool effect:
Created using a simple SASS Mixin such as
.example-one {
font-size: 100px;
@include textGlitch("example-one", 17, white, black, red, blue, 450, 115);
}
More details at Chris Coyer's CSS Tricks and Lucas Bebber's Codepen page