Cree (Nasdaq: CREE) is boasting that its new LED-based light bulb – which closely resembles standard bulbs on the outside – marks the “demise” of Thomas Edison’s invention.

Noting that 131 years ago Thursday that Edison was granted a patent for light bulbs and their manufacture, Cree unveiled the new light-emitting diode product that it believes will replace standard 60-watt bulbs.

“Thank you Mr. Edison,” Cree crowed in a press announcement. “We’ll take it from here.”

Cree branded Edison’s creation as a “horse-and-buggy era invention” while proclaiming its new “A-lamp” provides an “unprecedented level of performance.”

The A-lamp that Cree unveiled is a prototype. It is dimmable and emits what Cree calls “warm” light. The company has submitted the A-Lamp to a third party for testing.

According to Cree, the A-lamp meets Energy Star performance requirements for a 60-watt bulb.

“This is a significant milestone for the industry,” said Chuck Swoboda, Cree’s chairman and chief executive officer. “In the race to commercialize low-cost, energy-efficient LED bulbs, the industry has forgotten that LED lighting is supposed to look as good as the technology it is replacing. This is the first no compromise replacement for a 60 watt incandescent bulb.”

Learn more about the A-lamp here.

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